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RECEIVED <br /> APR I 2 1989 <br /> <br />- ORTHERN MAYORS A OCIATION <br /> ~ganiz~ ~985 <br /> <br />April 9, 1989 <br /> <br />Representative Ann Rest <br />429 State Offic Building <br />St. Paul Minnesota 55155 <br /> <br />Dear <br /> <br />Tax Increment Financing is the key to sound Economic <br />Development of the communities that make up the Northern Mayors <br />Association (NMA). That is why the NMA made the retention of <br />the current TIF law one of its top priority legislative issues. <br />The communities of NMA are absolutely committed to carry out <br />the legislative intent when utilizing TIF as an economic <br />development or redevelopment tool. The loss of this tool would <br />work a definite hardship on our communities. <br /> <br />It has come to our attention that you have authored a bill on <br />the subject of "tax increment financing." Our preliminary <br />review of these bills (HF 1335 & 1341) is not favorable. <br /> <br />We respectfully request that these bills be laid over for <br />interim committee review. This would allow the subject to be <br />dealt with on a basis where all of the' implications of the <br />subject could be addressed without the pressure of the final <br />days of the session impacting the decision. <br /> <br />Representative Rest, the Northern Mayors Association and its <br />member cities want to work with you on our entire legislative <br />agenda. We look to you for leadership and assistance on <br />critical issues that affect our communities. <br /> <br />Please listen to our plea on the subject of TIF. Let us tell <br />you our story in a way that is pressure free and conducive to <br />productive resolution, rather than fear and reactive response. <br /> <br />Thank you for considering our request. <br /> <br />Vresident <br /> <br />8525 Edinbrook Crossing, Suite 5, Brooklyn Park, MN 55443 (6fl2) 493-5f~5 <br /> FAX (6fl2) 424-'i'174 <br /> <br /> <br />