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CHAPTER 16 • <br /> Minn.Stat.§116J.994,subd.3. Once the criteria are established,the grantor and the recipient must enter <br /> into subsidy agreements that meet the statutory requirements.The agreement <br /> must include an obligation to repay part or all of the subsidy if the recipient <br /> does not meet its obligations. <br /> Minn.Stat §116J.993,subd.3. Types of assistance meeting the definition of a business subsidy include <br /> grants; contributions of real or personal property or infrastructure;the <br /> principal amount of a loan at rates below those commercially available to the <br /> recipient; any reduction or deferral of any tax or any fee;any guarantee of <br /> any payment under any loan, lease or other obligation; or any preferential <br /> use of government facilities given to a business. <br /> Minn.Stat.§1163.993,subd.3. There are several exceptions to this definition,including a business subsidy <br /> of less than$25,000, subsidies for redevelopment,pollution control and land <br /> clean up,housing, industrial revenue bonds,and other similar programs. <br /> Minn.Stat.§ l 16J.994,subds.7, Recipients must provide grantors with information on their progress toward <br /> x' the goals outlined in the agreement. Grantors must submit the annual <br /> Minnesota Business Assistance Form(MBAF)to the Department of <br /> Employment and Economic Development(DEED) for each business subsidy <br /> agreement. Local government agencies in cities with a population of 2,500 <br /> or more must submit an MBAF,regardless of whether they have awarded <br /> business subsidies. Local government agencies in cities with a population of • <br /> 2,500 or less are exempt from filing the MBAF if they have not awarded a <br /> subsidy in the past five years. <br /> II. Structures <br /> A. Housing and redevelopment authorities <br /> The predominant method of delivering and administering housing and <br /> redevelopment programs in Minnesota is through a legal public agency, <br /> accountable to city government. A city may establish this public agency, <br /> which is often the housing and redevelopment authority(HRA). There are <br /> more than 230 HRAs in Minnesota. <br /> 164 HANDBOOK FOR MINNESOTA CITES • <br /> This chapter last revised 12/15/2004 <br />