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The tax generated by the extension of the less of(A) the local taxing district tax rates or <br /> (B) the original local tax rate to the retained captured net tax capacity of the authority is <br /> the tax increment of the authority. <br /> The HRA or City shall submit to the County Auditor at the time of the request for certification which method <br /> of computation of fiscal disparities the HRA or City elected. <br /> The HRA will choose to calculate fiscal disparities by clause b. <br /> According to M.S., Section 469.177,Subd. 3: <br /> (c) The method of computation of tax increment applied to a district pursuant to paragraph <br /> (a) or (b) shall remain the same for the duration of the district, except that the governing <br /> body may elect to change its election from the method of computation in paragraph (a) to <br /> the method in paragraph (b). <br /> Subsection 2-13.Business Subsidies <br /> Pursuant to M.S.Sections 116J993,Subd.3,the following forms of financial assistance are not considered <br /> a business subsidy: <br /> (1) A business subsidy of less than$25,000; <br /> (2) Assistance that is generally available to all businesses or to a general class of similar businesses, <br /> such as a line of business,size, location, or similar general criteria; <br /> (3) Public improvements to buildings or lands owned by the state or local government that serve a <br /> public purpose and do notprincipally benefit a single business or defined group of businesses at <br /> the time the improvements are made; <br /> (4) Redevelopment property polluted by contaminants as defined in M.S.Section 116J.55Z Subd. <br /> 3; <br /> (5) Assistance provided for the sole purpose of renovating old or decaying building stock or bringing <br /> it up to code and assistanceprovided for designated historic preservation districts,provided that <br /> the assistance is equal to or less than 50%of the total cost; <br /> (6) Assistance to provide job readiness and training services if the sole purpose of the assistance is <br /> to provide those services; <br /> (7) Assistance for housing; <br /> (8) Assistance for pollution control or abatement,including assistance for a tax increment financing <br /> hazardous substance subdistrict as defined under M.S. Section 469.174, Subd. 23; <br /> (9) Assistance for energy conservation; <br /> (10) Tax reductions resulting from conformity with federal tax law; <br /> (11) Workers'compensation and unemployment compensation; <br /> (12) Benefits derived from regulation; <br /> (13) Indirect benefits derived from assistance to educational institutions; <br /> (14) Funds from bonds allocated under chapter 474A,bonds issued to refund outstanding bonds, and <br /> bonds issued for the benefit of an organization described in section 501 (c)(3)of the Internal <br /> Revenue Code of 1986,as amended through December 31, 1999; <br /> (15) Assistance for a collaboration between a Minnesota higher education institution and a business; <br /> (16) Assistance for a tax increment financing soils condition district as defined under M.S. Section <br /> 469.174, Subd. 19; <br /> Housing and Redevelopment Authority of St. An6ony Tax Increment Financing Plan for Tax Increment Financing District No.34 <br />