Extends deadlines for activities and property improvements in St. Cloud's Cooper Avenue Redevelopment Tax Increment Financing District.
This bill extends the deadlines for certain activities and property improvements in the Cooper Avenue Redevelopment Tax Increment Financing District in St. Cloud. Specifically, it extends the five-year period for activities from April 30, 2026, to April 30, 2031, and the four-year period for demolition, rehabilitation, or renovation from April 30, 2026, to April 30, 2030. The changes take effect once the city's governing body and chief clerical officer meet certain statutory requirements.
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