Bill Text: MN HF529 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Maplewood; tax increment financing district authorized.
Sponsorship: Moderate Partisan Bill (Democrat 5-1)
Status: (Introduced - Dead) 2013-02-13 - Introduction and first reading, referred to Taxes [HF529 Detail]
Download: Minnesota-2013-HF529-Introduced.html
1.2relating to the city of Maplewood; authorizing a tax increment financing district.
1.3BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.4 Section 1. CITY OF MAPLEWOOD; TAX INCREMENT FINANCING
1.5DISTRICT; SPECIAL RULES.
1.6(a) If the city of Maplewood elects, upon the adoption of a tax increment financing
1.7plan for a district, the rules under this section apply to one or more redevelopment
1.8tax increment financing districts established by the city or the economic development
1.9authority of the city. The area within which the redevelopment tax increment districts may
1.10be created is parcel 362922240002 (the "parcel") or any replatted parcels constituting
1.11a part of the parcel and the adjacent rights-of-way and shall be referred to as the "3M
1.12Renovation and Retention Project Area" or "project area."
1.13(b) The requirements for qualifying redevelopment tax increment districts under
1.14Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcel, which is
1.15deemed eligible for inclusion in a redevelopment tax increment district.
1.16(c) The 90 percent rule under Minnesota Statutes, section 469.176, subdivision
1.174j, does not apply to the parcel.
1.18(d) The expenditures outside district rule under Minnesota Statutes, section
1.19469.1763, subdivision 2; the five-year rule under Minnesota Statutes, section 469.1763,
1.20subdivision 3; and the use of revenues for decertification in Minnesota Statutes, section
1.21469.1763, subdivision 4, do not apply to the parcel; however, expenditures shall only
1.22be made within the project area.
1.23(e) If, after one year from the date of certification of the original net tax capacity
1.24of the tax increment district, no demolition, rehabilitation, or renovation of property has
2.1been commenced on a parcel located within the tax increment district, no additional tax
2.2increment may be taken from that parcel, and the original net tax capacity of the parcel
2.3shall be excluded from the original net tax capacity of the tax increment district. If 3M
2.4Company subsequently commences demolition, rehabilitation, or renovation, the authority
2.5shall certify to the county auditor that the activity has commenced, and the county auditor
2.6shall certify the net tax capacity thereof as most recently certified by the commissioner
2.7of revenue and add it to the original net tax capacity of the tax increment district. The
2.8authority must submit to the county auditor evidence that the required activity has taken
2.9place for each parcel in the district.
2.10(f) The provisions of Minnesota Statutes, section 469.176, subdivision 4g, paragraph
2.11(b), do not apply to a municipal fire station facility to be constructed within the project
2.12area, which will be a city emergency operating center and will provide fire protection and
2.13emergency medical services for the project area.
2.14(g) The provisions of Minnesota Statutes, section 469.177, subdivision 1b, do not
2.15apply to the first 412,000 square feet of new building.
2.16(h) The authority to approve a tax increment financing plan and to establish a tax
2.17increment financing district under this section expires December 31, 2018.
2.18EFFECTIVE DATE.This section is effective upon approval by the governing body
2.19of the city of Maplewood and upon compliance by the city with Minnesota Statutes,
2.20section 645.021, subdivision 3.
1.3BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.4 Section 1. CITY OF MAPLEWOOD; TAX INCREMENT FINANCING
1.5DISTRICT; SPECIAL RULES.
1.6(a) If the city of Maplewood elects, upon the adoption of a tax increment financing
1.7plan for a district, the rules under this section apply to one or more redevelopment
1.8tax increment financing districts established by the city or the economic development
1.9authority of the city. The area within which the redevelopment tax increment districts may
1.10be created is parcel 362922240002 (the "parcel") or any replatted parcels constituting
1.11a part of the parcel and the adjacent rights-of-way and shall be referred to as the "3M
1.12Renovation and Retention Project Area" or "project area."
1.13(b) The requirements for qualifying redevelopment tax increment districts under
1.14Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcel, which is
1.15deemed eligible for inclusion in a redevelopment tax increment district.
1.16(c) The 90 percent rule under Minnesota Statutes, section 469.176, subdivision
1.174j, does not apply to the parcel.
1.18(d) The expenditures outside district rule under Minnesota Statutes, section
1.19469.1763, subdivision 2; the five-year rule under Minnesota Statutes, section 469.1763,
1.20subdivision 3; and the use of revenues for decertification in Minnesota Statutes, section
1.21469.1763, subdivision 4, do not apply to the parcel; however, expenditures shall only
1.22be made within the project area.
1.23(e) If, after one year from the date of certification of the original net tax capacity
1.24of the tax increment district, no demolition, rehabilitation, or renovation of property has
2.1been commenced on a parcel located within the tax increment district, no additional tax
2.2increment may be taken from that parcel, and the original net tax capacity of the parcel
2.3shall be excluded from the original net tax capacity of the tax increment district. If 3M
2.4Company subsequently commences demolition, rehabilitation, or renovation, the authority
2.5shall certify to the county auditor that the activity has commenced, and the county auditor
2.6shall certify the net tax capacity thereof as most recently certified by the commissioner
2.7of revenue and add it to the original net tax capacity of the tax increment district. The
2.8authority must submit to the county auditor evidence that the required activity has taken
2.9place for each parcel in the district.
2.10(f) The provisions of Minnesota Statutes, section 469.176, subdivision 4g, paragraph
2.11(b), do not apply to a municipal fire station facility to be constructed within the project
2.12area, which will be a city emergency operating center and will provide fire protection and
2.13emergency medical services for the project area.
2.14(g) The provisions of Minnesota Statutes, section 469.177, subdivision 1b, do not
2.15apply to the first 412,000 square feet of new building.
2.16(h) The authority to approve a tax increment financing plan and to establish a tax
2.17increment financing district under this section expires December 31, 2018.
2.18EFFECTIVE DATE.This section is effective upon approval by the governing body
2.19of the city of Maplewood and upon compliance by the city with Minnesota Statutes,
2.20section 645.021, subdivision 3.
