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LAWS of MINNESOTA 2011 <br />CHAPTER 1 12 - -H . F. No. 1219 <br />ARTICLE 11 <br />MISCELLANEOUS <br />Sec. 22. CITY OF RAMSEY; TAX INCREMENT FINANCING DISTRICT; <br />SPECIAL RULES. <br />(a) If the city of Ramsey or an authority of the city elects upon the adoption of a tax <br />increment financing plan for a district, the rules under this section apply to a redevelopment <br />tax increment financing district established by the city or an authority of the city. The <br />redevelopment tax increment district includes parcels within the area bounded on the east <br />by Ramsey Boulevard, on the north by Bunker Lake Boulevard as extended west to Llama <br />Street, on the west by Llama Street, and on the south by a line running parallel to and <br />600 feet south of the southerly right -of -way for U.S. Highway 10, but including Parcels <br />28- 32 -25 -43 -0007 and 28- 32 -25 -34 -0002 in their entirety, and excluding the Anoka <br />County Regional Park property in its entirety. A parcel within this area that is included in <br />a tax increment financing district that was certified before the date of enactment of this act <br />may be included in the district created under this act if the initial district is decertified. <br />(b) The requirements for qualifying a redevelopment tax increment district under <br />Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcels located <br />within the district. <br />(c) In addition to the costs permittcd by Minnesota Statutes, section 469.176, <br />subdivision 4j , does not apply to the district. Eligible expenditures within the district <br />include but are not limited to (1) the city's share of the costs necessary to provide for <br />the construction of the Northstar Transit Station and related infrastructure, including <br />structured parking, a pedestrian overpass, and roadway improvements, (2) the cost of <br />land acquired by the city or the housing and redevelopment authority in and for the city <br />of Ramsey within the district prior to the establishment of the district, and (3) the cost <br />of public improvements installed within the tax increment financing district prior to the <br />establishment of the district. <br />(d) The requirement of Minnesota Statutes, section 469.1763, subdivision 3, that <br />activities must be undertaken within a five -year period from the date of certification of a <br />tax increment financing district, is considered to be met for the district if the activities <br />were undertaken within ten years from the date of certification of the district. <br />(e) Except for administrative expenses, the in- district percentage for purposes of <br />the restriction on pooling under Minnesota Statutes, section 469.1763, subdivision 2, for <br />this district is 100 percent. <br />(f) The requirement of Minnesota Statutes, section 469.177, subdivision 4, does not <br />apply to Parcels 28- 32 -25 -42 -0021 and 28- 32 -25 -41 -0014, where development occurred <br />after enactment of Laws 2010, chapter 389, article 7, section 22, and prior to adoption of <br />the tax increment financing plan for the district. <br />EFFECTIVE DATE.This section is effective upon approval by the governing <br />body of the city of Ramsey, and upon compliance by the city with Minnesota Statutes, <br />section 645.021, subdivision 3. <br />City of Ramsey <br />Modification to the Tax Increment Financing Plan for Tax Increment Financing District No. 14 33 <br />