Minnesota HF4490 extends the timeline for activities and use of increment in Tax Increment Financing District No. 1-8 in Mountain Lake.

Minnesota HF4490 amends the timeline for activities and use of increment in Tax Increment Financing District No. 1-8, administered by the city of Mountain Lake. The bill extends the five-year period for activities by three years, to April 1, 2029, and extends the use of increment to the 14th year. This change applies to the specific district in Mountain Lake and is effective upon compliance by the city's governing body and chief clerical officer.

Minnesota HF4490 extends the timeline for activities and use of increment in Tax Increment Financing District No. 1-8 in Mountain Lake.

Minnesota HF4490 amends the timeline for activities and use of increment in Tax Increment Financing District No. 1-8, administered by the city of Mountain Lake. The bill extends the five-year period for activities by three years, to April 1, 2029, and extends the use of increment to the 14th year. This change applies to the specific district in Mountain Lake and is effective upon compliance by the city's governing body and chief clerical officer.