469.201 DEFINITIONS. Subdivision 1. Applicability. The definitions in this section apply to sections 469.201 to 469.207. Subd. 2. City. “City” means a city of the first class as defined in section 410.01, a city of the second class that is designated as an economically depressed area by the United States Department of Commerce, and a […]
469.202 DESIGNATION OF TARGETED COMMUNITIES. Subdivision 1. City authority. A city may by resolution designate a targeted community within its borders after adopting detailed findings that the designated communities meet the eligibility requirements in subdivision 2 or 3. Subd. 2. Eligibility requirements for targeted communities. An area within a city is eligible for designation as […]
469.203 TARGETED COMMUNITY REVITALIZATION AND FINANCING. Subdivision 1. Requirements. For each targeted community for which a city requests state financial assistance under section 469.204, the city must prepare a comprehensive revitalization and financing program that includes the following: (1) the revitalization objectives of the city for the targeted community; (2) the specific activities or means […]
469.204 PAYMENT; REVOLVING FUND. Subdivision 1. Payment of state money. Upon receipt from a city of a certification that a revitalization program has been adopted or modified, the commissioner shall, within 30 days, pay to the city the amount of state money identified as necessary to implement the revitalization program or program modification. Once the […]
469.205 CITY POWERS; USES OF TARGETED COMMUNITY MONEY. Subdivision 1. Consolidation of existing powers in targeted communities. A city may exercise any of its corporate powers within a targeted community. Those powers shall include, but not be limited to, all of the powers enumerated and granted to any city by chapters 462C, 469, and 474A. […]
469.206 HAZARDOUS PROPERTY PENALTY. A city may assess a penalty up to one percent of the estimated market value of real property, including any building located within the city that the city determines to be hazardous as defined in section 463.15, subdivision 3. The city shall send a written notice to the address to which […]
469.207 ANNUAL AUDIT AND REPORT. Subdivision 1. [Repealed, 1999 c 99 s 24] Subd. 2. Annual report. A city that begins to implement a revitalization program in a calendar year must, by March 1 of the succeeding calendar year, provide a detailed report on the revitalization program or programs being implemented in the city. The […]
