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Agenda - Council - 01/23/2007
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Agenda - Council - 01/23/2007
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3/19/2025 9:58:51 AM
Creation date
1/19/2007 3:21:30 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/23/2007
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<br />473H for taxes payable in any of the five calendar years before the filing of the request for <br />certification of the Tax Increment Financing District. However, Green Acres does not apply as <br />provided in Minnesota Session Laws 2005, 1st Special Session, Chapter 3, Article 7, Section 17. <br /> <br />Section 3.29 County Road Costs. Pursuant to Minnesota Statutes, Section 469.175, <br />Subdivision 1 a, the County board may require the City to pay for all or part of the cost of County <br />road improvements if the proposed development to be assisted by Tax Increments will, in the <br />judgment of the County, substantially increase the use of County roads requiring construction of <br />road improvements or other road costs and if the road improvements are not scheduled within the <br />next five years under a capital improvement plan or within five years under another County plan. <br />If the County elects to use Tax Increments to improve County roads, it must notify the City <br />within forty-five days of receipt of this Tax Increment Financing Plan. <br /> <br />1954494v3 <br /> <br />16 <br /> <br />-177- <br />
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