Authorizes special tax increment financing rules for the City of Eden Prairie, extending the expiration date.
This bill amends the tax increment financing rules for the City of Eden Prairie, allowing for special provisions. It extends the expiration date for approving a tax increment financing plan to December 31, 2028. The changes become effective once the city's governing body and chief clerical officer meet specific statutory requirements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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