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Agenda Packets - 1986/10/06
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Agenda Packets - 1986/10/06
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4/1/2025 2:35:16 PM
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4/1/2025 2:35:16 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
10/6/1986
Description
Work Session
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commenced, and the County Auditor shall certify the assessed value thereof <br />as most recently certified by the Commissioner of Revenue and add It to the <br />original assessed value of the Tax Increment Financing District. For <br />purposes of this subdivision, "parcel' means a tract or plat• of land <br />established as a single unit for purposes of assessment. <br />A list will be maintained by the Building Inspector of the City to document <br />all build;ng permits Issued within the district for private redevelopment, Including <br />alterations, additions, near construction and demolition. <br />12. The tax increments received with respect to the Tex increment <br />Financing district shall be segregated by the City in a special account or accounts <br />on its official books and records or as otherwise established by resolution of the <br />City to be held by a trustee or trustees for the benefit of holders of the bonds. <br />hlinnesola statutes, 5273.76, Subd. 5. <br />F-5 <br />
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