2018-08-27 EDA Packet - Laserfiche WebLink

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PW A ties: MudoiMl Development Districts: Ci 5r cit Purpose: Purpose: se: Originally, the purpose behind port The purpose of an MDD is to improve the The main purpose of any City Council authorities was to acquire and promote general economy of a community by Tega'ding the development units in this development of harbors and ports. increasing employment and enhancing the report,is to act as a control mechanism Currently,the only operating port in this tax base. for operations. The power of the City regard is that of the Duluth Port Council and the controls it has over each Authority. The additional 25 portof these units varies from Cita-to City. authorities in Minnesota exist to promote Governing Body: economic development, including The MDD falls under control of the City For Port Authority: increased commerce and acquisition of Council/County Commissioners. The facilities within the specified part districtThe City Council/County council then designates a board to of the City. administer the districts. In first class Commissioners of any port has indirect Cities,an advisory board must be created control over a port's use of general Governing Body: to aid with district activities. A majority obligations bonds used for industrial of members on the board must be teal Projects. City Councit,'County A port authority is a governmentalproperty owners on lands within the Commissioners has the authority to subdivision of the state.Direct authority isapprove the board of commissioners for handled by a board of commissioners boarddistrict. In b Paul and Minneapolis the ort If a seven-member board is (usually 3-7 members) appointed by the board musty elected,in other Cities the developed, two members must be from members maybe appointed. City Council. Ports are a statutorily the City Council/County created municipal body. Activities: Commissioners. General Port Activities: 1. An MDD may obtain land through For Municipal Development District: 1. Adopt plans for improvement and eminent domain or negotiation. City Council hes the power to designate 2. The MDD may design a development development of port districts. program within the district, an existing department,agency,HRA,or 2. Oversee the activities of privately 3. The MDD may further develop the other to administrate the district. owned port facilities. facilities,transportation,or overall quality. 3. Acquire and construct various facilitiesCity Council may adopt ordinances of life in a district through building and charge for the use of these facilities. acquisition, construction or designed to aid specific MDD projects, 4. Acquire,lease,own and operate real or reconstruction. personal property. 4. The municipality may be given The City has the power to create an 5. Sell or exchange property (real or ordinances regulating traffic in parking MDD advisory board. personal)owned by the port. facilities or pedestrian skyway systems. 6. Determine legislation to improve5. A municipality may lease all or The City Council may defer property development and commerce within the taxes on improved property(within the district portions of the basement,tri t. 2nd floors district) where a private developer Apply to the federal Foreign Trade of buildings within the district. constructs the improvement upon request Board for authorization to exercise the 6. The MDD may accept grants from of the economic developer. private institutions or other sources for powers relating to foreign trade zones. public facilities and general 8. Act as agent for the federal improvements. government to carry out the provisions of 7. The municipality may use private sections 469.090 to 469.108. developers to construct buildingslfacifities 9. Issue Revenue Bonds and with the under the development plan.The City will approval of the City Council, given by reimburse the developers from MDD ordinance, General Obligation Bonds funds secured by a pledge of the"Full Faith and 8.A municipality has the authorization to: Credit"of the City. install lighting systems, street signs, construct special landscaping,install snow removal systems,and build public parking ramps. 32