1st Engrossment - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to the city of Browerville; authorizing 1.3 expenditures of tax increment outside of a certain 1.4 district. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [CITY OF BROWERVILLE; TAX INCREMENT FINANCING 1.7 DISTRICT.] 1.8 Notwithstanding the provisions of Minnesota Statutes, 1.9 section 469.1763, the city of Browerville may expend tax 1.10 increments from tax increment district No. 2 for eligible 1.11 activities outside tax increment district No. 2 but within 1.12 development district No. 1, and the limitations contained in 1.13 Minnesota Statutes, section 469.1763, subdivision 2, shall not 1.14 apply. 1.15 Sec. 2. [EFFECTIVE DATE.] 1.16 Section 1 is effective only after its approval by the 1.17 governing body of the city of Browerville and compliance with 1.18 Minnesota Statutes, section 645.021, subdivision 3.