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CHAPTER 15 <br />15:12 LEAGUE OF MINNESOTA CITIES <br />This chapter last revised 12/2010 <br />• Promote pedestrian skyway systems. <br />• Install special lighting systems, street signs and. street furniture, <br />land.scaping of streets and. public property, and. snow removal systems. <br />Minn. Stat. § 469.127. <br />The law encourages pedestrian skyway systems, underground. pedestrian <br />concourses, people-remover systems, and. publicly-owned. parking structures. <br />It exempts these structures from taxation even when they are attached. to <br />privately-owned. buildings. <br />t; <br />u.I ty inidustrial develm <br />openit <br />Minn. Stat. §§ 469.152 to <br />For the purpose of attracting indu.strial and. commercial development and. <br />469. 165 1. <br />encouraginsa local governments to prevent economic deterioration, any home <br />Minn.stet. § 4 .1 2. <br />rule charter or statutory city or its redevelopment agency has the power to <br />promote indu.strial development by: <br />• Acquiring, constructing, and. holding lands, buildings, easements, <br />improvements to lands and. buildings, capital equipment, and. inventory <br />for ind.u.strial prqj'ects. <br />• Issuing revenue bonds and. entering into revenue agreements to finance <br />these activities to promote ind.u.strial prqj'ects. <br />Minn. Stat. § 469.155, ubd. 4. <br />0 Refinancing health care and. other facilities. <br />Under the legislation, cities assist ind.u.stries in starting operations and. u.se <br />generated. revenues to repay the costs. This law is the basis for issuing most <br />ind.u.strial revenue bonds. <br />2010 Minn. Laws ch. 216, § 24 <br />Ind.u.strial prQjects eligible for assistance inclu.de any revenue-producing <br />amending Minn. Stit. § 469. 15 3, <br />subd. 2. <br />enterprises en, aged. in assembling, fabricating, manu.facturing, mixing, <br />processing, storing, warehou.sing, or distributingg any products of agriculture, <br />forestry, mining, or manufacturing; or in research and. development activity <br />in these fields; or in the manu.facturing, creation, or production of intangible <br />2010 Minn. Laws ch. 216, § 26 to <br />property, inclu.d.ing any patent, copyright, formula, process, design, know <br />be codified as Minn. Stat. § <br />how, format, or other similar item. "PrQject" also includes any properties <br />469.1 55. <br />designated. as a qualified. green building and. sustainable design prqj'ect under <br />state law. Eligible prQj'ects may inclu.de costs related. to dewatering <br />activities. <br />Minn. Stat. § 469.155, ubd. 14. <br />The law prohibits a city from operating any of these prqj'ects as a business or <br />in any other manner. <br />15:12 LEAGUE OF MINNESOTA CITIES <br />This chapter last revised 12/2010 <br />