Laserfiche WebLink
Senate <br />State of Minnesota <br />April 12, 1995 <br />TO: <br />RE: <br />»II /• •/ * <br />/»r /*,»•, <br />MetropoUtan Mayors <br />Summaiy of Elements in Senate Bi-Partisan proposal <br />I. State Funded Metropolitan Revitalization Measures <br />B. <br />C. <br />D. <br />E. <br />DIED polluted lands loan and grant program, {$11 million, new <br />biennium} <br />BUght removal, {S3 million, new biennium} <br />Sales tax exemption on HRA building materials in developing suburbs, <br />{SI.O million, biennium} <br />Urban Homestead Program, {$1.5 million, biennium} <br />Jobs Opportunity Program, {$200,000 biennium} <br />II. Metropolitan Tax Base RevifaliTation/Polluted I -ands Arcruint <br />A. Purpose: Assist metropolitan communities in the cleanup of polluted <br />C/I propert}-. <br />B. Sources of funds: <br />1. <br />2. <br />3. <br />Optional {Met Council} Right-of-Way Access Loan Fund, <br />{Approximately $1.8 million per year} <br />Optional access of megamall surcharge, {$1.8 million in FY 96, up <br />to $5.2 million in 1999}, {not to be confused with Bloomington tax <br />forgiveness proposal, SF 1160. <br />Collection of LGA and HACA Aid penalties from metropolitan area <br />TIF districts, {$200,000 plus per year}