reglab/housing_qa huggingface dataset:
MN Stat § 469.158 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.158 — Manner Of Issuance Of Bonds; Interest Rate.

469.158 MANNER OF ISSUANCE OF BONDS; INTEREST RATE. Bonds authorized under sections 469.152 to 469.165 must be issued in accordance with the provisions of chapter 475 relating to bonds payable from income of revenue producing conveniences, except that public sale is not required, the provisions of sections 475.62 and 475.63 do not apply, and the bonds may mature at the time or times, in the amount or amounts, within 40 years from date of issue, and may be sold at a price equal to the percentage of the par value thereof, plus accrued interest, and bearing interest at the rate or rates agreed by the contracting party, the purchaser, and the municipality or redevelopment agency, notwithstanding any limitation of interest rate or cost or of the amounts of annual maturities contained in any other law. Bonds issued to refund bonds previously issued pursuant to sections 469.152 to 469.165 may be issued in amounts determined by the municipality or redevelopment agency notwithstanding the provisions of section 475.67, subdivision 3. History:  1987 c 291 s 159; 1994 c 614 s 10; 2005 c 152 art 1 s 16
MN Stat § 469.159 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.159 — Temporary Loans.

469.159 TEMPORARY LOANS. After authorization of bonds pursuant to section 469.156, the governing body may provide funds immediately required for the purpose and not exceeding the amount of the bonds, by effecting temporary loans upon the terms it determines by resolution. The loans shall be evidenced by notes subject to the provisions of section 469.162, due in not exceeding 24 months from the date thereof, payable to the order of the lender or to bearer, to be repaid with interest from the proceeds of the bonds when issued and delivered to the purchaser. The temporary loans may be made without any public advertisement. History:   1987 c 291 s 160
MN Stat § 469.160 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.160 — Validity Of Bonds; Presumption.

469.160 VALIDITY OF BONDS; PRESUMPTION. The validity of bonds or notes issued under sections 469.152 to 469.165 shall not depend on nor be affected by the validity or regularity of any proceedings relating to the acquisition, purchase, construction, reconstruction, improvement, betterment, or extension of the project for which they are issued. The ordinance or resolution authorizing the bonds or notes may provide that the bonds or notes shall contain a recital that they are issued pursuant to sections 469.152 to 469.165, and the recital shall be conclusive evidence of their validity and of the regularity of their issuance. History:   1987 c 291 s 161
MN Stat § 469.162 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.162 — Source Of Payment For Bonds.

469.162 SOURCE OF PAYMENT FOR BONDS. Subdivision 1. Restrictions on payment. Revenue bonds issued under sections 469.152 to 469.165 shall not be payable from nor charged upon any funds other than the revenue pledged to their payment, except as provided in this section, nor shall the municipality or redevelopment agency issuing the same be subject to any liability on them. No holder of the bonds shall ever have the right to compel any exercise of the taxing power of the municipality or redevelopment agency to pay the bonds or the interest thereon, except as provided in subdivision 2, nor to enforce payment of them against any property of the municipality or redevelopment agency except those projects, or portions thereof, mortgaged or otherwise encumbered under the provisions and for the purpose of sections 469.152 to 469.165. Subd. 2.  [Repealed, 2012 c 294 art 2 s 43] Subd. 3. Restrictions on security. Bonds issued under sections 469.152 to 469.165 shall not constitute a charge, lien, or encumbrance, legal or equitable, upon any property of the municipality or redevelopment agency, except those projects, or portions thereof, mortgaged or otherwise encumbered under the provisions and for the purposes of sections 469.152 to 469.165. Each bond issued under sections 469.152 to 469.165 shall recite in substance that the bond, including interest thereon, is payable solely from the revenue pledged to its payment, but may contain a reference to the lease insurance or bond reserve for which the tax increment is pledged and appropriated. No such bond shall constitute a debt of the municipality or redevelopment agency within the meaning of any constitutional or statutory limitation. However, nothing herein shall impair the rights of holders of bonds issued hereunder to enforce covenants made for the security thereof as provided in section 469.163. History:  1987 c 291 s 163; 1988 c 719 art 5 s 84; 1989 c 329 art 13 s 20
MN Stat § 469.163 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.163 — Bondholders' Rights And Remedies.

469.163 BONDHOLDERS' RIGHTS AND REMEDIES. Subject to any contractual limitations binding upon the holders of any issue of revenue bonds, or a trustee therefor, including the restriction of the exercise of any remedy to a specified proportion or percentage of the holders, any holder of bonds, or any trustee therefor, for the equal benefit and protection of all bondholders similarly situated, may: (1) by suit, action, or proceeding at law or in equity, enforce the bondholder's or trustee's rights against the municipality or redevelopment agency and its governing body and any of its officers, agents, and employees, and may require and compel the municipality, redevelopment agency, or governing body, or any officers, agents, or employees to perform and carry out its and their duties and obligations under sections 469.152 to 469.165 and its and their covenants and agreements with bondholders; (2) by action require the municipality or redevelopment agency and the governing body thereof to account as if they were the trustees of an express trust; (3) by action enjoin any acts or things which may be unlawful or in violation of the rights of the bondholders; (4) bring suit upon the bonds; (5) foreclose any mortgage or lien given under the authority of sections 469.152 to 469.165, and cause the property standing as security to be sold under any proceedings permitted by law or equity; and (6) exercise any right or remedy conferred by sections 469.152 to 469.165 without exhausting and without regard to any other right or remedy conferred by sections 469.152 to 469.165 or any other law of this state. None of these rights and remedies is intended to be exclusive of any other, and each is in addition to every other right and remedy. History:   1987 c 291 s 164
MN Stat § 469.164 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.164 — Powers Added To Application Of Existing Laws And Rules.

469.164 POWERS ADDED TO APPLICATION OF EXISTING LAWS AND RULES. Subdivision 1. Generally. The powers conferred by sections 469.152 to 469.165 are in addition to the powers conferred by any other law or charter. Insofar as the provisions of any other law or charter are inconsistent with sections 469.152 to 469.165, the provisions of these sections shall be controlling as to projects instituted under these sections. Section 334.01 shall not apply to any interest rate charged or attributable to any obligation of a contracting party or sublessee or subtenant of a contracting party in connection with any project for which the proceedings are conducted, wholly or partly, pursuant to sections 469.152 to 469.165. Subd. 2. Telephone company projects. In all cases in which a project involves telephonic communications conducted by or to be conducted by a telephone company, all laws of the state, and rules of the department of commerce, that apply to property owned by a telephone company including laws and regulations relating to taxation and valuation of telephone company property, shall similarly apply to any real and personal property acquired, in whole or in part, by the issuance of bonds as authorized herein. In the issuance of any bonds pursuant to sections 469.152 to 469.165, these sections shall control, notwithstanding the provisions of chapter 452, or any other general or special law relating to municipal or town telephone companies. History:  1987 c 291 s 165; 1Sp2001 c 4 art 6 s 77
MN Stat § 469.165 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.165 — Applicability Of Hra Provisions.

469.165 APPLICABILITY OF HRA PROVISIONS. If property that has been acquired by a housing and redevelopment authority pursuant to the provisions of sections 469.001 to 469.047, is sold, leased, or acquired with the consent of the housing and redevelopment authority in connection with a project conducted wholly or partly pursuant to the provisions of sections 469.152 to 469.164, it shall be deemed to be devoted to public purposes and public uses and to conform to the project area redevelopment plan within the meaning of sections 469.001 to 469.047. In giving its consent, the housing and redevelopment authority may waive any or all of the terms, conditions, restrictions, and limitations imposed upon the property by section 469.029, and the purchaser of the property or any subsequent purchasers may convey the property without the consent of any housing and redevelopment authority and, to the extent of the waiver, free and clear of the terms, conditions, restrictions, and limitations, whether or not the purchaser is obligated as provided in section 469.029, subdivision 5. History:   1987 c 291 s 166
MN Stat § 469.1655 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.1655 — Qualified Green Building And Sustainable Design Projects.

469.1655 QUALIFIED GREEN BUILDING AND SUSTAINABLE DESIGN PROJECTS. Subdivision 1. Project designation and eligibility. (a) A municipality or redevelopment agency issuing revenue bonds under sections 469.152 to 469.165 may designate the project for which the bonds are issued as a qualified green building and sustainable design project as provided in this section. (b) The issuer must ensure that each designated project substantially: (1) reduces consumption of electricity compared to conventional construction; (2) reduces daily carbon dioxide emissions compared to energy generated from coal; (3) increases the use of solar photovoltaic cells or solar thermal cells in this state; or (4) increases the use of fuel cells to generate energy. (c) Before designating a project under this section, the issuer must document in writing that the project will satisfy the eligibility criteria in this section. (d) At least 75 percent of the square footage of commercial buildings that are part of the project must be registered with a recognized green building rating system, including Minnesota's sustainable building guidelines or the United States Green Building Council's LEED certification or the Green Building Initiative's Green Globes certification, or in the case of residential buildings, Minnesota GreenStar rating or the National Association of Home Builders National Green Building Standard certification, and must be reasonably expected to receive the certification. Subd. 2. Applications. An application for designation under this section must include a project proposal that describes the energy-efficiency, renewable energy, and sustainable design features of the project and demonstrates that the project satisfies the eligibility criteria in this section. The application must include a description of: (1) the amount of electric consumption reduced as compared to conventional construction; (2) the amount of carbon dioxide daily emissions reduced compared to energy generated from coal; (3) the amount of the gross installed capacity of the project's solar photovoltaic capacity measured in megawatts; and (4) the amount in megawatts of the project's energy generated by fuel cells. Subd. 3. Use of bond financing. The project proposal must include a description of the bond financing that will be allocated for financing of one or more of the following: (1) the purchase, construction, integration, or other use of energy-efficiency, renewable energy, and sustainable design features of the project; or (2) compliance with certification standards cited under subdivision 1, paragraph (d). History:   2010 c 216 s 25
MN Stat § 469.166 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.166 — Definitions.

469.166 DEFINITIONS. Subdivision 1. Generally. In sections 469.166 to 469.173, the terms defined in this section have the meanings given them herein, unless the context indicates a different meaning. Subd. 2. Commissioner. "Commissioner" means the commissioner of employment and economic development. Subd. 3. Border city enterprise zone. "Border city enterprise zone" means an area in the state designated as an enterprise zone by the commissioner in the cities of Breckenridge, Dilworth, East Grand Forks, Moorhead, or Ortonville. Subd. 4. City. "City" means a home rule charter or statutory city. Subd. 5. Municipality. "Municipality" means a city. Subd. 6. Governing body. "Governing body" means the city council or other body designated by the charter of the city. Subd. 7.  [Repealed, 2012 c 294 art 2 s 43] Subd. 8.  [Repealed, 2012 c 294 art 2 s 43] Subd. 9.  [Repealed, 2012 c 294 art 2 s 43] Subd. 10.  [Repealed, 2012 c 294 art 2 s 43] Subd. 11.  [Repealed, 2012 c 294 art 2 s 43] Subd. 12.  [Repealed, 2012 c 294 art 2 s 43] History:  1987 c 268 art 10 s 1; 1987 c 291 s 167,243; 1987 c 312 art 1 s 26 subd 2; 1Sp2003 c 4 s 1; 2012 c 294 art 2 s 21-23
MN Stat § 469.167 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.167 — Border City Enterprise Zone; Duration.

469.167 BORDER CITY ENTERPRISE ZONE; DURATION. Subdivision 1.  [Repealed, 2012 c 294 art 2 s 43] Subd. 2. Duration. The designation of a border city enterprise zone is effective until terminated by resolution adopted by the city in which the border city enterprise zone is located. Subd. 3.  [Repealed, 2012 c 294 art 2 s 43] History:  1987 c 291 s 168; 1Sp1989 c 1 art 17 s 14; 1991 c 291 art 21 s 14; 1996 c 471 art 7 s 5; 2012 c 294 art 2 s 24
MN Stat § 469.172 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.172 — Development And Redevelopment Powers.

469.172 DEVELOPMENT AND REDEVELOPMENT POWERS. Notwithstanding any contrary provision of law or charter, any city that contains a border city enterprise zone may, in addition to its other powers, exercise the powers granted to a governmental subdivision by sections 469.001 to 469.047, 469.048 to 469.068, and 469.109 to 469.113. Section 469.059, subdivision 15, applies to the city in the exercise of the powers granted pursuant to this section. It may exercise the powers assigned to redevelopment agencies pursuant to sections 469.152 to 469.165, without limitation to further the purposes of sections 469.001 to 469.047, 469.048 to 469.068, and 469.109 to 469.133. It may exercise the powers set forth in sections 469.001 to 469.047, 469.048 to 469.068, and 469.109 to 469.164 without limitation to further the purposes and policies set forth in sections 469.152 to 469.165. It may exercise the powers granted by this subdivision and any other development or redevelopment powers authorized by other laws, including sections 469.124 to 469.133 and 469.152 to 469.165, independently or in conjunction with each other as though all the powers had been granted to a single entity. Any project undertaken to accomplish the purposes of sections 469.001 to 469.047 that qualifies as single-family housing under section 462C.02, subdivision 4, is subject to the provisions of chapter 462C. Upon expiration of the designation of the enterprise zone, the powers granted by this subdivision may be exercised only with respect to any project, program, or activity commenced or established prior to that date. The powers granted by this subdivision may only be exercised within the zone. History:  1987 c 291 s 173; 2012 c 294 art 2 s 31; 2013 c 125 art 1 s 107
MN Stat § 469.173 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.173 — Administration.

469.173 ADMINISTRATION. Subdivision 1.  [Repealed, 2012 c 294 art 2 s 43] Subd. 2.  [Repealed, 1997 c 187 art 3 s 34] Subd. 3.  [Repealed, 2012 c 294 art 2 s 43] Subd. 4. Reporting. The commissioner shall require municipalities receiving enterprise zone designations to report to the state regarding the economic activity that has occurred in the zone following the designation. This information shall include the number of jobs created in the zone, the number of economically disadvantaged individuals hired in the zone, the average wage level of the jobs created, and descriptions of any affirmative action programs undertaken by the municipality in connection with the zone. The amount of the municipality's local contribution and the number of businesses qualifying for or directly benefiting from the local contribution must be reported annually to the commissioner. Subd. 5. Information sharing. Pursuant to section 270B.14, subdivision 3, the commissioner of revenue may share information with the commissioner or with a municipality receiving an enterprise zone designation, insofar as necessary to administer the funding limitations provided by section 469.169. Subd. 6. Zone boundary realignment. The commissioner may approve specific applications by a municipality to amend the boundaries of a border city enterprise zone at any time. Boundaries of a zone may not be amended to create noncontiguous subdivisions. If the commissioner approves the amended boundaries, the change is effective on the date of approval. Subd. 7. Application. Sections 469.169, 469.171, 469.172, and this section remain in effect only for border city enterprise zones and only until the enterprise zone is terminated by resolution adopted by the city in which the border city enterprise zone is located. For all other enterprise zones, sections 469.169, 469.171, 469.172, and this section are no longer in effect after December 31, 1996. History:  1987 c 291 s 174,243; 1987 c 404 s 159; 1989 c 184 art 2 s 29; 1996 c 471 art 7 s 8; 1997 c 7 art 1 s 146; 2012 c 294 art 2 s 32,33
MN Stat § 469.1731 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.1731 — Border City Development Zones.

469.1731 BORDER CITY DEVELOPMENT ZONES. Subdivision 1. Designation. To encourage economic development, to revitalize the designated areas, to expand tax base and economic activity, and to provide job creation, growth, and retention, the following border cities may designate, by resolution, areas of the city as development zones after a public hearing upon 30-day notice. (a) The city of Breckenridge may designate all or any part of the city as a zone. (b) The city of Dilworth may designate between one and six areas of the city as zones containing not more than 100 acres in the aggregate. (c) The city of East Grand Forks may designate all or any part of the city as a zone. (d) The city of Moorhead may designate between one and six areas of the city as zones containing not more than 100 acres in the aggregate. (e) The city of Ortonville may designate between one and six areas of the city as zones containing not more than 100 acres in the aggregate. Subd. 2. Development plan. (a) Before designating a development zone, the city must adopt a written development plan that addresses: (1) evidence of adverse economic conditions within the area resulting from competition with the bordering state or the 1997 floods or both; (2) the viability of the development plan; (3) public and private commitment to and other resources available for the area; (4) how designation would relate to a development and revitalization plan for the city as a whole; and (5) how the local regulatory burden will be eased for businesses operating in the area. (b) The development plan must include: (1) a map of the proposed zone that indicates the geographic boundaries, the total area, and the present use and conditions generally of land and structures within the area; (2) evidence of community support and commitment from business interests; (3) a description of the methods proposed to increase economic opportunity and expansion, facilitate infrastructure improvement, and identify job opportunities; and (4) the duration of the zone designation, not to exceed 15 years. Subd. 3. Filing. The city must file a copy of the resolution and development plan with the commissioner of employment and economic development. The designation takes effect 30 days after the filing. History:  1998 c 389 art 12 s 6; 2003 c 127 art 14 s 12; 1Sp2003 c 4 s 1
MN Stat § 469.1732 (2021)
2021 Minnesota Statutes|Chapters 466A - 470 — Local Economic Development|Chapter 469 — Economic Development|Section 469.1732 — Tax Incentives Within Development Zones.

469.1732 TAX INCENTIVES WITHIN DEVELOPMENT ZONES. Subdivision 1. Authority. A business that conducts business activity within a border city development zone designated under section 469.1731 may qualify for the property tax exemption under section 272.0212 and the sales tax exemption under section 469.1734, subdivision 6. Subd. 2.  [Repealed, 1Sp2001 c 5 art 9 s 30] Subd. 3. Phaseout at end of zone duration. During the last three years of the duration of a border city development zone, the available exemptions, subtractions, or credits are reduced by the following percentages for the taxes payable year or the taxable years that begin during: (1) the calendar year that is two years before the final year of designation as a development zone, 25 percent; (2) the calendar year that is immediately before the final year of designation as a development zone, 50 percent; and (3) for the final calendar year of designation as a development zone, 75 percent. History:  1998 c 389 art 12 s 7; 1Sp1998 c 3 s 4; 1Sp2001 c 5 art 9 s 28