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72 <br /> <br />· operty within the <br />consisting of: <br />.~rating transit and <br />:tun:il under sec- <br /> <br />a~y to Provide for <br />:igations outstand- <br />~ pledged; and <br />it of certificates of <br />zed or to be issued <br />::merit of property <br />pecifically pledged <br /> <br /> )aragraph (a)' must <br /> <br /> on for general tran~ <br /> levy limitation for <br /> 4, multiplied.by an <br /> all taxable property <br /> payable year divid- <br /> metropolitan transit <br /> <br />) the council's prop7 <br />tr determined under <br />~lity in the previous <br />or market valuation <br />· .d within the meU'o- <br />by the total market <br />axing district for the <br />:y in the current levy <br /> <br />:poses attributable to <br />,88, subdivision 7, is <br />2rty tax levy for tran- <br />ies within the transit <br />dities that have exer- <br /> <br />~anges shall be.multi: <br />perty tax levy limita- <br />ase shall be a perma- <br />ransit board's proper- <br />,lc years. · · ~ <br />imitation for general <br />the total market valu: <br />~ct without valuation <br />ing (sections 469.174 <br /> <br />; SeX:tion'an~[ 'section <br />nd towns that receive <br />~e tax levy that would <br />on the property. The <br />;ection 473.388 on all <br />receive limited peak <br />)plying a rate of 0.765 <br />by the county auditor <br />:ts of tax lists r~quired <br /> <br />73 <br /> <br />Mb-'TROPOI.,I'E~ GOVERNMENT-: 473.446 <br /> <br /> to be filed with the commissioner under section 275.29. Any prior year adjustments shall also <br /> be certified in the abstracts of tax lists. The commissioner shall review the certifications to <br /> determine their accuracy and may make changes in the certification as necessary or return a <br /> certification to the county auditor for corrections. The commissioner shall pay to the council <br /> and to the municipalities levying under section 473.388, subdivision 7, the mounts certified <br /> by the county auditors on the dates pr6vided in section 273.1398, apportioned between the <br /> council and the municipality in.the s.ame proportion as the total transit levy is apportioned <br /> within the municipality. There is annuglly appropriated from the general fund in the state <br /> treasury to !he department of r~venue the amounts necessary to make these payments. <br /> For the purposes of this subdivision, "full-peak and limited off-peak service" means <br /> peak period regular route service, plus weekday midday regular route service at intervals <br /> longer than 60 minutes on the route with the greatest frequency; and "limited peak period <br /> service" means peak period regular route service..o.nty .... :. · .. <br /> · - 'For the purposes of property taxes payable in the following year, the council shall annu- <br /> ally determine which cities and towns qualify for the 0.510 percent or 0.765 percent tax ca- <br /> pacity rate reduction and shall certify this list to the county auditor of the county wherein <br /> such cities and towns are located on or before September 15. No changes may be made to the <br /> annum list.after September 15 ..... :' .~..: . , .. . ..,, · <br />SuM. la. Taxation within transit area. For the purposes of sections 473.405 to <br />473~449, and the metropolitan transit system, the metropolitan council shall levy upon all <br />taxable property within the metropolitan transit area but outside Of the metropolitan transit <br />taxing district, defined in subdivision 2, a transit tax, which shall be equal to ten percent of the <br />sum of the levies provided in subdivision 1, clauses (a) to (c). The proceeds of this tax shall be <br />used only for paratransit services or fide sharing programs designed to serve persons located <br />within the transit area but outside of the transit taxing district.. , . <br /> The regional transit board shall annually determine which cities and towns qualify for <br />the 0.510 or 0.765 tax capacity rate reduction and certify this list to the county auditor on or <br />before September 15. No changes shall be made to the list after September 15 of the same <br />levy year. <br /> Subd. lb. Deduction of levy for eligible municipalities. (a) The maximum the council <br />may levy for general purposes under subdivision 1, paragraph (a), upon taxable property <br />within a municipality levying taxes under section 473.388, subdivision 7, is the combined <br />transit tax levied within the municipality in the previous year under subdivision 1 and section <br />473.388, subdivision 7, multiplied by the municipality's market value adjustment ratio, mi- <br />nus the amount to be levied by the municipality under section 473.388, subdivision 7, for the <br />current levy year. <br /> (b) For purposes of this subdiyision: ,.. ~ .... :. <br /> (I) "munjcip .ality" means a municipality levying taxes under section 473.388, subdivi- <br />sion 7, for repl.acement transit service; .. : .... ...., <br />· (2) "market value adjustment ratio" means the index for market valuation changes de- <br />scribed in this section, as applied to individual municipalities; and..- <br />- (3) "tax revenues', has the meaning given the term in secfibn 473.388, subdivision 4. <br />Subd. 2. Transit taxing district. The metropolitan transit taxing district is hereby des- <br />ignated as that portion of the metropolitan transit area lying within the following named cit- <br />ies, towns, or unorganized territory withiia the counties indicated: <br />'"'; (a) Anoka'countZ Anoka, Blaine, Centervill~, Columbia Heights, Coc~.n Rapids, Fdd- <br />ley} Circle Pines, Hilltop, Lexington, Linc Lakes, Spring Lake Park; ' ' ' <br />.... (b) Carver county. Chanhassen, the city of Chaska; :: '" <br />"· (c) Dakota c'ounty. Apple Valley, Burnsville, Eagan, Inver Grove Heights,' Lilydale, <br />Mendota, Mendota Heights, Rosemount, South St. Paul, .Sunfish Lake, West St. Paul; .. <br />~ !: (d) Ramsey county. All ofthe territory within Ramsey county; <br />(e) Hennepin county. Bloomington, Brooklyn Center, Brooklyn P~rk,' Champl'in,' CMn- <br />hassen, Crystal, Deephaven, Eden Prairie, Edina, Excelsior, Golden Valley, Greenwood, <br />Hopkins, Long Lake, Maple Grove, Medicine Lake, Minneapolis, Minnetonka, Minnetonka <br />Beach, Mound, New Hope, Ortho, Osseo, Plymouth, Richfield, Robbinsdale, St. Anthony, <br /> <br /> <br />