1.1 A bill for an act
1.2 relating to taxation; tax increment financing; authorizing special rules for the city
1.3 of Ramsey; amending Laws 2010, chapter 389, article 7, section 22, as amended.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Laws 2010, chapter 389, article 7, section 22, as amended by Laws 2011, chapter
1.6112, article 11, section 16, is amended to read:
1.7 Sec. 22. CITY OF RAMSEY; TAX INCREMENT FINANCING DISTRICT;
1.8SPECIAL RULES.
1.9 (a) If the city of Ramsey or an authority of the city elects upon the adoption of a tax
1.10increment financing plan for a district, the rules under this section apply to a redevelopment
1.11tax increment financing district established by the city or an authority of the city. The
1.12redevelopment tax increment district includes parcels within the area bounded on the east
1.13by Ramsey Boulevard, on the north by Bunker Lake Boulevard as extended west to Llama
1.14Street, on the west by Llama Street, and on the south by a line running parallel to and 600
1.15feet south of the southerly right-of-way for U.S. Highway 10, but including Parcels
1.1628-32-25-43-0007 and 28-32-25-34-0002 in their entirety, and excluding the Anoka County
1.17Regional Park property in its entirety. A parcel within this area that is included in a tax
1.18increment financing district that was certified before the date of enactment of this act may
1.19be included in the district created under this act if the initial district is decertified.
1.20 (b) The requirements for qualifying a redevelopment tax increment district under
1.21Minnesota Statutes, section 469.174, subdivision 10, do not apply to the parcels located
1.22within the district.
1Section 1.
25-03017 as introduced02/03/25 REVISOR MS/VJ
SENATE
STATE OF MINNESOTA
S.F. No. 1314NINETY-FOURTH SESSION
(SENATE AUTHORS: BAHR)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/13/2025
Referred to Taxes 2.1 (c) Minnesota Statutes, section 469.176, subdivision 4j, does not apply to the district.
2.2Eligible expenditures within the district include but are not limited to (1) the city's share of
2.3the costs necessary to provide for the construction of the Northstar Transit Station and
2.4related infrastructure, including structured parking, a pedestrian overpass, and roadway
2.5improvements, (2) the cost of land acquired by the city or the housing and redevelopment
2.6authority in and for the city of Ramsey within the district prior to the establishment of the
2.7district, and (3) the cost of public improvements installed within the tax increment financing
2.8district prior to the establishment of the district.
2.9 (d) The requirement of Minnesota Statutes, section 469.1763, subdivision 3, that activities
2.10must be undertaken within a five-year period from the date of certification of a tax increment
2.11financing district, is considered to be met for the district if the activities were undertaken
2.12within ten years from the date of certification of the district.
2.13 (e) Except for administrative expenses, the in-district percentage for purposes of the
2.14restriction on pooling under Minnesota Statutes, section 469.1763, subdivision 2, for this
2.15district is 100 percent.
2.16 (f) The requirement of Minnesota Statutes, section 469.177, subdivision 4, does not
2.17apply to Parcels 28-32-25-42-0021 and 28-32-25-41-0014, where development occurred
2.18after enactment of Laws 2010, chapter 389, article 7, section 22, and prior to adoption of
2.19the tax increment financing plan for the district.
2.20 (g) The requirement of Minnesota Statutes, section 469.178, subdivision 7, paragraph
2.21(b), is considered to be met for the district if the city adopts interfund loan resolutions
2.22reflecting the terms and conditions required by Minnesota Statutes, section 469.178,
2.23subdivision 7, paragraph (d), by December 31, 2025.
2.24 EFFECTIVE DATE.This section is effective the day after the city of Ramsey and its
2.25chief clerical officer comply with Minnesota Statutes, section 645.021, subdivisions 2 and
2.263.
2Section 1.
25-03017 as introduced02/03/25 REVISOR MS/VJ