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DEC-19-2002 14:58 ROSEVILLE-COM1M-DEV 6514902931 P.24'2'? <br /> T <br /> 469.1814 , <br /> • <br /> (d) The authority to grant new abatements under this subdivision <br /> • expires on July 1, 2004. <br /> Subd. 7. Reviewm modification odificatlon of abatements. The <br /> political subdivision may provide in the abatement resolution that the <br /> .) abatement may not be modified or changed during its term. If the <br /> abatement resolution does not provide that the abatement may not be <br /> .. modified or changed, the governing body of the political subdivision may <br /> review and modify the abatement every second year after it was <br /> i <br /> approved. <br /> Subd. 8. limitation on abatements. In any year, the total <br /> • amount of property taxes abated by a political subdivision under this <br /> section may not exceed (1) five percent of the current levy, or (2) <br /> 1 $100,000, whichever is greater. <br /> 'i Subd. 9. Consent of property owner not required. A political <br /> subdivision may abate the taxes on a parcel under sections 469.1812 to <br /> 469.1815 without obtaining the consent of the property owner. <br /> HIST: 1997 c 231 art 2 s 46; 1998 c 397 art 11 s 3; 1999 c 243 art 10 s 8- <br /> 14; 1999 c 248 s 19; 2000 c 490 art 11 s 33-35; 1 Sp2001 c 5 art 15 s 26 <br /> 469.1814 BONDING AUTHORITY. <br /> } Subdivision 1. Authority. A political subdivision may issue <br /> bonds or other obligations to provide an amount equal to the sum of the <br /> abatements granted for a property under section 469.1813. The <br /> 9 Krass Monroe, P.A. <br />