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Agenda - Economic Development Authority - 04/13/2017
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Agenda - Economic Development Authority - 04/13/2017
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3/17/2025 2:14:23 PM
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4/10/2017 12:34:20 PM
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Meetings
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Agenda
Meeting Type
Economic Development Authority
Document Date
04/13/2017
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00 <br /> LEA�t1ir [�F HANDBOOK FOR MINNESOTA CITIES <br /> MINNESOTA Chapter 15 <br /> CITIES Community Development and <br /> Redevelopment <br /> Table of Contents <br /> Community Development and Redevelopment..........................................................................................................I <br /> Chapter15 ..................................................................................................................................................................3 <br /> Community Development and Redevelopment..........................................................................................................3 <br /> I. Business subsidies or financial assistance.....................................................................................................3 <br /> A. Business subsidies.........................................................................................................................................3 <br /> B. Financial assistance.......................................................................................................................................4 <br /> II. City development tools..................................................................................................................................5 <br /> A. General city development powers.................................................................................................................5 <br /> B. Housing and redevelopment authorities........................................................................................................5 <br /> 1. Elements of an HRA..................................................................................................................................5 <br /> 2. Area of operation for an HRA...................................................................................................................6 <br /> 3. HRA membership......................................................................................................................................6 <br /> 4. HRA powers..............................................................................................................................................7 <br /> 5. HRA special assessment and levy authority..............................................................................................7 <br /> 6. HRA contracting........................................................................................................................................8 <br /> 7. HRA financing...........................................................................................................................................8 <br /> 8. HRA certifications to state ........................................................................................................................9 <br /> 9. HRA federal certification..........................................................................................................................9 <br /> C. Economic development authorities...............................................................................................................9 <br /> 1. EDA levies.................................................................................................................................................9 <br /> 2. EDA loans ...............................................................................................................................................10 <br /> 3. Other EDA powers..................................................................................................................................10 <br /> D. Port authorities ............................................................................................................................................11 <br /> E. Municipal or area redevelopment agencies.................................................................................................12 <br /> F. City development districts...........................................................................................................................12 <br /> G. City industrial development........................................................................................................................13 <br /> III. Other development strategies......................................................................................................................14 <br /> A. Housing bonds.............................................................................................................................................14 <br /> This material is provided as general information and is not a substitute for legal advice.Consult your attorney for advice concerning specific situations. <br /> 145 University Ave.West www.Imc.org 11/4/2014 <br /> Saint Paul,MN 55103-2044 (651)281-1200 or(800)925-1122 ©2014 All Rights Reserved <br />
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