Bill Text: MN SF1463 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Eagan temporary tax increment financing (TIF) district authority extension
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2013-03-18 - Referred to Taxes [SF1463 Detail]
Download: Minnesota-2013-SF1463-Introduced.html
1.2relating to tax increment financing; extending temporary authority of the city of
1.3Eagan to spend certain tax increments.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF EAGAN; TEMPORARY TAX INCREMENT FINANCING
1.6AUTHORITY.
1.7Notwithstanding the time limitations of Minnesota Statutes, section 469.176,
1.8subdivision 4m, or any other law to the contrary, the city of Eagan may spend tax
1.9increments under Minnesota Statutes, section 469.176, subdivision 4m, paragraph (a), for
1.10purposes of economic development of the former Lockheed property at 3333 Pilot Knob
1.11Road in Eagan, providing that construction commences by June 30, 2015. The authority of
1.12the city of Eagan to spend tax increments as provided in this section expires June 30, 2016.
1.3Eagan to spend certain tax increments.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF EAGAN; TEMPORARY TAX INCREMENT FINANCING
1.6AUTHORITY.
1.7Notwithstanding the time limitations of Minnesota Statutes, section 469.176,
1.8subdivision 4m, or any other law to the contrary, the city of Eagan may spend tax
1.9increments under Minnesota Statutes, section 469.176, subdivision 4m, paragraph (a), for
1.10purposes of economic development of the former Lockheed property at 3333 Pilot Knob
1.11Road in Eagan, providing that construction commences by June 30, 2015. The authority of
1.12the city of Eagan to spend tax increments as provided in this section expires June 30, 2016.
