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Senate Counsel, Research
and Fiscal Analysis
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G-17 State Capitol
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75 Rev. Dr. Martin Luther King Jr. Blvd.
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St. Paul, MN 55155-1606
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(651) 296-4791
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Fax: (651) 296-7747
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Tom Bottern
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Director
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Senate
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State of Minnesota
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S.F. No. 1646 - Bloomington TIF Extension; Met Center
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Author:
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Senator Julianne E. Ortman
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Prepared By:
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Eric S. Silvia, Senate Counsel (651/296-1771)
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Date:
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February 27, 2012
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This bill authorizes the City of Bloomington and the Bloomington Port Authority to extend the duration of TIF District 1-G (containing the former Met Center property) and a portion of 1-C, through December 31, 2038. Absent an extension, the district must decertify in 2018.
This bill is effective upon compliance of Bloomington’s governing body and compliance with statutory notice requirements.
ESS:dv
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
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Last review or update: 02/27/2012
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