Minnesota HF3360 authorizes special tax increment financing rules for Wayzata to fund specific projects.
Minnesota HF3360 allows the city of Wayzata to use tax increment financing from District No. 6 for specific projects. These include the design and construction of the lakefront pedestrian walkway, community transient lake access infrastructure, and the Panoway on Wayzata Bay project. It also permits funding for the expansion and remodeling of Depot Park, including accessibility improvements, and the restoration of the Section Foreman House with a learning center. All such expenditures are considered to be within the district.
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