2009_0713_Packet - Laserfiche WebLink

Home

City of Roseville, Minnesota "Development District Act" or "City Development Districts Act" or "Act" means the statutory provisions of Minnesota Statutes, Sections 469.124 to 469.134, inclusive, as amended and supplemented from time to time. "Development District No. 1" or "Development District" means the geographic area that was designated and created on October 13,1982 pursuant to the Development District Act. "Development Program" means the Development Program adopted on October 13, 1982 including all amendments and modifications adopted through June 20, 2005. "Land Use Regulations" means all federal, state and local laws, rules, regulations, ordinances and plans relating to or governing the use or development of land in the County, including but not limited to environmental, zoning and building code laws and regulations. "Port Authority Act" means the statutory provisions of Minnesota Statutes, Sections 469.48 to 469.068, inclusive, as amended and supplemented from time to time. "Program„ means the Restated Development Program for the Project Area. "Project Area" means the real property located within the geographic boundaries of Development District No. 1. "Restated Development Program" means this Program, which incorporates the Development Program as previously modified and as restated herein, for the Project Area and as it shall be modified or restated, from time to time hereafter, as defined in Minnesota Statutes, Section 469.125, subdivision 3. "School District" means Independent School District No. 621 or Independent School District No. 623. "State" means the State of Minnesota. "Tax Increment Act" means the statutory provisions of Minnesota Statutes, sections 469.174 to 469.1799, inclusive, as amended and supplemented from time to time. "Tax Increment Bonds" means the general obligation or revenue tax increment bonds issued and to be issued by the City to finance the public costs associated with the Project Area as stated in the Program and in the Tax Increment Plans for each of the Tax Increment Districts within the Project Area. The term "Tax Increment Bonds" shall also include any obligations issued to refund the Tax Increment Bonds. "Tax Increment District" means any tax increment financing district presently established or to be established in the future within the Project Area. "Tax Increment Plan" means the respective Tax Increment Financing Plan for each Tax Increment District located within the Project Area. SPRINGSTED Page 2