Bill Text: MN SF1619 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Oakdale tax increment financing (TIF) district time limit extension
Sponsorship: N/A
Status: (Introduced - Dead) 2012-02-23 - Withdrawn and re-referred to Taxes [SF1619 Detail]
Download: Minnesota-2011-SF1619-Introduced.html
1.2relating to the city of Oakdale; extending certain time limits applicable to a tax
1.3increment financing district; amending Laws 2008, chapter 366, article 5, section
1.434, as amended.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Laws 2008, chapter 366, article 5, section 34, as amended by Laws 2009,
1.7chapter 88, article 5, section 11, is amended to read:
1.8 Sec. 34. CITY OF OAKDALE; ORIGINAL TAX CAPACITY.
1.9 Subdivision 1. Original tax capacity election. (a) The provisions of this section
1.10apply to redevelopment tax increment financing districts created by the Housing and
1.11Redevelopment Authority in and for the city of Oakdale in the areas comprised of
1.12the parcels with the following parcel identification numbers: (1) 3102921320053;
1.133102921320054; 3102921320055; 3102921320056; 3102921320057; 3102921320058;
1.143102921320062; 3102921320063; 3102921320059; 3102921320060; 3102921320061;
1.153102921330005; and 3102921330004; and (2) 2902921330001 and 2902921330005.
1.16 (b) For a district subject to this section, the Housing and Redevelopment Authority
1.17may, when requesting certification of the original tax capacity of the district under
1.18Minnesota Statutes, section469.177 , elect to have the original tax capacity of the district
1.19be certified as the tax capacity of the land.
1.20 (c) The authority to request certification of a district under this section expires on
1.21July 1, 2013 December 31, 2017.
1.22 Subd. 2. Parcels deemed occupied. (a) Parcel numbers 3102921320054,
1.233102921320055, 3102921320056, 3102921320057, 3102921320061, and 3102921330004
1.24are deemed to meet the requirements of Minnesota Statutes, section 469.174, subdivision
2.110, paragraph (d), notwithstanding any contrary provisions of that paragraph, if the
2.2following conditions are met:
2.3(1) a building located on any part of each of the specified parcels was demolished
2.4after the authority adopted a resolution under Minnesota Statutes, section 469.174,
2.5subdivision 10, paragraph (d), clause (3);
2.6(2) the building was removed either by the authority, by a developer under a
2.7development agreement with the authority, or by the owner of the property without
2.8entering into a development agreement with the authority; and
2.9(3) the request for certification of the parcel as part of a district is filed with the
2.10county auditor by December 31, 2017.
2.11(b) The provisions of subdivision 1 apply to allow an election by the authority
2.12for the parcels deemed occupied under paragraph (a), notwithstanding the provisions
2.13of Minnesota Statutes, sections 469.174, subdivision 10, paragraph (d), and 469.177,
2.14subdivision 1, paragraph (f).
2.15EFFECTIVE DATE.This section is effective upon compliance by the governing
2.16body of the city of Oakdale with the requirements of Minnesota Statutes, section 645.021,
2.17subdivision 3.
1.3increment financing district; amending Laws 2008, chapter 366, article 5, section
1.434, as amended.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Laws 2008, chapter 366, article 5, section 34, as amended by Laws 2009,
1.7chapter 88, article 5, section 11, is amended to read:
1.8 Sec. 34. CITY OF OAKDALE; ORIGINAL TAX CAPACITY.
1.9 Subdivision 1. Original tax capacity election. (a) The provisions of this section
1.10apply to redevelopment tax increment financing districts created by the Housing and
1.11Redevelopment Authority in and for the city of Oakdale in the areas comprised of
1.12the parcels with the following parcel identification numbers: (1) 3102921320053;
1.133102921320054; 3102921320055; 3102921320056; 3102921320057; 3102921320058;
1.143102921320062; 3102921320063; 3102921320059; 3102921320060; 3102921320061;
1.153102921330005; and 3102921330004; and (2) 2902921330001 and 2902921330005.
1.16 (b) For a district subject to this section, the Housing and Redevelopment Authority
1.17may, when requesting certification of the original tax capacity of the district under
1.18Minnesota Statutes, section
1.19be certified as the tax capacity of the land.
1.20 (c) The authority to request certification of a district under this section expires on
1.21
1.22 Subd. 2. Parcels deemed occupied. (a) Parcel numbers 3102921320054,
1.233102921320055, 3102921320056, 3102921320057, 3102921320061, and 3102921330004
1.24are deemed to meet the requirements of Minnesota Statutes, section 469.174, subdivision
2.110, paragraph (d), notwithstanding any contrary provisions of that paragraph, if the
2.2following conditions are met:
2.3(1) a building located on any part of each of the specified parcels was demolished
2.4after the authority adopted a resolution under Minnesota Statutes, section 469.174,
2.5subdivision 10, paragraph (d), clause (3);
2.6(2) the building was removed either by the authority, by a developer under a
2.7development agreement with the authority, or by the owner of the property without
2.8entering into a development agreement with the authority; and
2.9(3) the request for certification of the parcel as part of a district is filed with the
2.10county auditor by December 31, 2017.
2.11(b) The provisions of subdivision 1 apply to allow an election by the authority
2.12for the parcels deemed occupied under paragraph (a), notwithstanding the provisions
2.13of Minnesota Statutes, sections 469.174, subdivision 10, paragraph (d), and 469.177,
2.14subdivision 1, paragraph (f).
2.15EFFECTIVE DATE.This section is effective upon compliance by the governing
2.16body of the city of Oakdale with the requirements of Minnesota Statutes, section 645.021,
2.17subdivision 3.
