.................... moves to amend H. F. No. 2362, the delete everything amendment
(A07-0842), as follows:
Page 158, after line 32, insert:
"Sec. 31. TAX INCREMENT FINANCING; CITY OF DAYTON.
1.5 Subdivision 1. Authority. The city of Dayton may establish an economic
1.6development tax increment financing district under the authority provided in this
1.7section. The city may include area with the jurisdiction of the town of Hassan to the
1.8extent authorized by a joint powers agreement with the town. This district must be
1.9established within the area defined in subdivision 2 and is subject to the special rules
1.10under subdivision 3.
1.11 Subd. 2. Defined area. The district must be established within the area defined as
1.12the southwestern corner of the city of Dayton bounded by Brockton Lane (also known
1.13as Hennepin County Road 101) to the west, 109th Avenue North to the south, Hennepin
1.14County Highway 81 diagonally to the north and east from 109th Avenue northwesterly
1.15to a line 120 feet east of the extension of York Avenue northerly to a line 120 feet north
1.16of Gay Wood Drive and then west to Brockton Lane (Hennepin County Road 101). The
1.17area within the jurisdiction of the town of Hassan that may be included in the district is
1.18limited to and defined as all the land within the town of Hassan north of 109th Avenue
1.19North, east of Fletcher Lane (also know as Hennepin County Road 116), south of I-94
1.20and west of Brockton Lane (Hennepin County Road 101).
1.21 Subd. 3. Special rules. The district is subject to the rules under Minnesota Statutes,
1.22sections 469.174 to 469.1799, with the following exceptions:
1.23 (1) the city need not make the findings required by Minnesota Statutes, section
1.24469.174, subdivision 12;
1.25 (2) the restrictions on the expenditures of increments under Minnesota Statutes,
1.26section 469.176, subdivision 4c, do not apply;
2.1 (3) the provisions of Minnesota Statutes, section 469.176, subdivision 5, do not
2.2apply to the district;
2.3 (4) the provisions of section 469.176, subdivision 7, do not apply to the district;
2.4 (5) the district's tax increments must be used only to pay for the costs related
2.5to Brockton interchange project, including land acquisition, public infrastructure, and
2.6administrative costs, which are limited to ten percent of the improvement cost, whether
2.7paid directly or to reimburse for payment of those costs or to repay bonds or other
2.8obligations issued and sold to pay those costs initially; and
2.9 (6) tax increments for the districts must be computed using an original local tax rate
2.10equal to 80 percent of the rate under Minnesota Statutes, section 469.177, subdivision 1a.
2.11EFFECTIVE DATE.This section is effective upon compliance by the governing
2.12body of the city of Dayton and by the board of supervisors of the town of Hassan with
2.13Minnesota Statutes, section 645.021.
Sec. 32. CITY OF FRIDLEY; TAX INCREMENT FINANCING DISTRICT;
2.16 (a) If the city elects upon the adoption of a tax increment financing plan for a district,
2.17the rules under this section apply to a redevelopment tax increment financing district
2.18established by the city of Fridley or the housing and redevelopment authority of the city.
2.19The redevelopment tax increment district includes the following parcels and adjacent
2.20railroad property and shall be referred to as the Northstar Transit Station District: parcel
2.21numbers 223024120010, 223024120009, 223024120017, 223024120016, 223024120018,
2.22223024120012, 223024120011, 223024120005, 223024120004, 223024120003,
2.23223024120013, 223024120008, 223024120007, 223024120006, 223024130005,
2.24223024130010, 223024130011, 223024130003, 153024440039, 153024440037,
2.25153024440041, 153024440042, 223024110013, 223024110016, 223024110017,
2.26223024140008, 223024130002, 223024420004, 223024410002, 223024410003,
2.27223024110008, 223024110007, 223024110019, 223024110018, 223024110003,
2.28223024140003, 223024140009, 223024140002, 223024140010, and 223024410007.
2.29 (b) The requirements for qualifying a redevelopment tax increment district under
2.30Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcels located
2.31within the Northstar Transit Station District, which are deemed eligible for inclusion
2.32in a redevelopment tax increment district.
2.33 (c) In addition to the costs permitted by Minnesota Statutes, section 469.176,
2.34subdivision 4j, eligible expenditures within the Northstar Transit Station District include
2.35those costs necessary to provide for the development or expanded use of a transfer station.
3.1For purposes of this subdivision, transfer station means a physical structure or designated
3.2area that supports the interconnection of various transportation modes, including light
3.3rail, commuter rail, and bus rapid transit, and that promotes and achieves the loading,
3.4discharging, and transporting of people.
3.5 (d) Notwithstanding the provisions of Minnesota Statutes, section 469.1763,
3.6subdivision 2, the city of Fridley may expend increments generated from its tax increment
3.7financing districts numbers 11, 12, and 13 for costs permitted by paragraph (c) and
3.8Minnesota Statutes, section 469.176, subdivision 4j, outside the boundaries of tax
3.9increment financing districts numbers 11, 12, and 13, but only within the Northstar
3.10Transit Station District.
3.11 (e) The five-year rule under Minnesota Statutes, section 469.1763, subdivision 3,
3.12does not apply to the Northstar Transit Station District or to tax increment financing
3.13districts numbers 11, 12, and 13.
3.14 (f) The use of revenues for decertification under Minnesota Statutes, section
3.15469.1763, subdivision 4, does not apply to tax increment financing districts numbers
3.1611, 12, and 13.
3.17EFFECTIVE DATE.This section is effective upon approval by the governing body
3.18of the city of Fridley and upon compliance by the city with Minnesota Statutes, section
3.19645.021, subdivision 3.
Renumber the sections in sequence and correct the internal references
Amend the title accordingly