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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 2068 - Bloomington TIF Extension; Central Station
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Author:
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Senator David H. Senjem
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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 No. 1-I (containing the Bloomington Central Station property) through December 31, 2038. Absent an extension, the district must decertify in 2031.
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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Last review or update: 02/27/2012
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