Modification No. 1 to the 2021 Special Legislation Fund Tax Increment Spending Plan
The proposed Modification to the Plan has been prepared to increase the spending of tax increment revenues from the originally authorized budget amount, as allowed by legislation adopted in the 2021 legislative session. This legislation is found in Minnesota Statutes, section 469.176, subdivision 4n, and requires that any use of funds enabled by the 2021 special legislation must include “creating a written spending plan that… details the use of the transferred increment.”
View the Modification No. 1 to the 2021 Special Legislation Fund Tax Increment Spending Plan
Submit your comments by noon on Tuesday, September 20, 2022 via e-mail to Matthew Hendricks, Senior Development Finance Analyst, Department of Development Finance. If you or your group would like to meet to discuss the Plan, or if you have questions, contact Matthew Hendricks.
It is expected that the Plan will be considered at the following meetings of the Minneapolis City Council and its committees:
Business, Inspections, Housing & Zoning Committee (A public hearing will be conducted at this meeting)
Thursday, September 22, 2022 at 9:15 a.m.
City Council
Thursday, September 22, 2022 at 9:30 a.m.
All meetings will be held in Minneapolis City Hall, 350 S. Fifth Street, Room 317.
For reasonable accommodations or alternative formats, please contact Matthew Hendricks.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000. TTY users call 612-673-6850. Para asistencia, llame al 612-673-2700 - Rau kev pab 612-673-2800 - Hadii aad Caawimaad u baahantahay 612-673-3500.
