1.1 	A bill for an act
1.2 	relating to the city of New Brighton; authorizing tax increment financing.
1.3 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.4 	Section 1. CITY OF NEW BRIGHTON; TAX INCREMENT FINANCING.
 1.5 		Subdivision 1.Expenditures outside district. Notwithstanding the provisions of 
1.6 	Minnesota Statutes, sections 469.176, subdivision 4d, and 469.1763, subdivision 2, or any 
1.7 	other law to the contrary, the city of New Brighton may expend increments generated from 
1.8 	its tax increment financing districts numbers 9, 20, and 26. The increments may be used to 
1.9 	pay eligible expenses as permitted by Minnesota Statutes, section 469.176, subdivision 
1.10 	4j, outside the boundaries of districts numbers 9, 20, and 26, but only within the areas 
1.11 	described in Laws 1998, chapter 389, article 11, section 24, subdivision 1, commonly 
1.12 	referred to as the Northwest Quadrant. Minnesota Statutes, section 469.1763, subdivisions 
1.13 	3 and 4, shall not apply to expenditures permitted in this section.
1.14 		Subd. 2.District duration extension. Notwithstanding the provisions of Minnesota 
1.15 	Statutes, section 469.176, subdivision 1b, or any other law to the contrary, the duration 
1.16 	limits that apply to redevelopment tax increment financing districts numbers 31 and 32 
1.17 	established under Laws 1998, chapter 389, article 11, section 24, and hazardous substance 
1.18 	subdistricts numbers 31A and 32A established under Minnesota Statutes, sections 469.174 
1.19 	to 469.1799, are extended by four years.

1.20 	EFFECTIVE DATE. This section is effective upon approval by the governing body 
1.21 	of the city of New Brighton and upon compliance by the city with Minnesota Statutes, 
1.22 	sections 469.1782, subdivision 2, and 645.021, subdivision 3.