as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to the city of Brooklyn Center; extending 1.3 time to expend tax increments. 1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. [EXTENSION OF TIME TO EXPEND TAX INCREMENT.] 1.6 Notwithstanding any contrary provision of law or charter, 1.7 for tax increment financing district number 3, established on 1.8 December 19, 1994, by Brooklyn Center Resolution No. 94-273, 1.9 Minnesota Statutes, section 469.1763, subdivision 3, applies to 1.10 the district by permitting a period of 13 years for commencement 1.11 of activities within the district. 1.12 [EFFECTIVE DATE.] This section is effective upon approval 1.13 by the governing body of the city of Brooklyn Center and 1.14 compliance with Minnesota Statutes, section 645.021, subdivision 1.15 3.