Agenda - Council - 07/22/2025 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #25-162 APPROVING MINNESOTA LAWS, 2025, 1st SPECIAL SESSION, CHAPTER 13, ARTICLE 5, SECTION 2 WHEREAS, the 2025 1st special session of the Minnesota Legislature passed, and the Governor signed, Minnesota Session Laws, 2025, 1st Special Session, Chapter 13, Article 5, Section 2, which amends Minnesota Session Laws, 2010, Chapter 389, Article 7, Section 22, as amended by Minnesota Session Laws, 2011, Chapter 112, Article 11, Section 16, as follows: Sec. 22. CITY OF RAMSEY; TAX INCREMENT FINANCING DISTRICT; SPECIAL RULES (a) If the city of Ramsey or an authority of the city elects upon the adoption of a tax increment financing plan for a district, the rules under this section apply to a redevelopment tax increment financing district established by the city or an authority of the city. The redevelopment tax increment district includes parcels within the area bounded on the east by Ramsey Boulevard, on the north by Bunker Lake Boulevard as extended west to Llama Street, on the west by Llama Street, and on the south by a line running parallel to and 600 feet south of the southerly right-of-way for U.S. Highway 10, but including Parcels 28-32-25-43-0007 and 28-32-25-34-0002 in their entirety, and excluding the Anoka County Regional Park property in its entirety. A parcel within this area that is included in a tax increment financing district that was certified before the date of enactment of this act may be included in the district created under this act if the initial district is decertified. (b) The requirements for qualifying a redevelopment tax increment district under Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcels located within the district. (c) The requirement of Minnesota Statutes, Section 469.176 4j shall not apply to the district. Eligible expenditures within the district include but are not limited to (1) the city's share of the costs necessary to provide for the construction of the Northstar Transit Station and related infrastructure, including structured parking, a pedestrian overpass, and roadway improvements, (2) the cost of land acquired by the city or the housing and redevelopment authority in and for the city of Ramsey within the district prior to the establishment of the district, and (3) the cost of public improvements installed within 173676718v1