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RELEVANT LINKS: <br /> Minn.stat.§469.051,subd. The port authority's annual detailed financial statement must show all <br /> 9. <br /> receipts and disbursements, their nature, the money on hand, the purposes <br /> to which the money on hand is to be applied, the authority's credits and <br /> assets, and its outstanding liabilities. The authority must examine the <br /> statement together with the treasurer's vouchers. If the authority finds the <br /> statement and vouchers correct, it shall approve them by resolution and <br /> record the resolution. <br /> Minn.stat.§§469.048- State law governs many other aspects of port authorities, including but not <br /> 469.068. <br /> limited to use of city property by a port authority, employees, contracts, <br /> and audits. The city attorney also acts as the port authority's attorney. <br /> E. Municipal or area redevelopment agencies <br /> Minn.stat.§§469.109 to Any rural municipality or group of municipalities may establish a public <br /> 469.123. <br /> body,known as a municipal or area redevelopment agency, in and for the <br /> area the municipality covers. This law defines municipalities as home rule <br /> charter or statutory cities, counties, towns or school districts. <br /> Minn.stat.§469.110,subd. The law includes only rural areas, which generally means all areas that are <br /> 11.Minn.Stat.§469.111. <br /> not within the boundary of any city having a population of 50,000 or more, <br /> and not immediately adjacent to urbanized and urbanizing areas with a <br /> population density of more than 100 persons per square mile—or areas <br /> with an unemployment rate of 6 percent or more. The restrictions limit <br /> applicability of the law to rural areas and to the Iron Range. <br /> Minn.stat.§469.111. The establishment of the municipal or area redevelopment agency is <br /> Minn.Stat.§469.115. <br /> similar to the establishment of an HRA. A municipal or area <br /> redevelopment agency has similar powers to an HRA. <br /> F. City development districts <br /> Minn.stat.§§469.124 to Any home rule charter or statutory city may designate development <br /> 469.134. <br /> districts within the boundaries of the city. Within these districts, cities <br /> may: <br /> • Adopt a development program to acquire, construct, reconstruct, <br /> improve, alter, extend, operate, maintain or promote developments <br /> aimed at improving the physical facilities, quality of life, and quality of <br /> transportation. <br /> • Promote pedestrian skyway systems. <br /> • Install special lighting systems, street signs and street furniture, <br /> landscaping of streets and public property, and snow removal systems. <br /> League of Minnesota Cities Handbook for Minnesota Cities 11/4/2014 <br /> Community Development and Redevelopment Chapter 15 1 Page 12 <br />