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S.F. No. 2750, 5th Engrossment- 84th Legislative Session (2005-2006) Page 12 of 13 14.30 condemnina authority's contractual obliaation to condemn pro ep rty: or 14.31 �ii? �v Mav 'f. 2006, the condemninq authority has issued, sold. or entered into a 14.32 bir�dinc� aareement to issue or sell bonds or other obliaations to finance the costs of the 15.1 tax increment financinc�plan and has commenced the action within two vears after the 15.2 bor�ds were issued; 15.3 �2) the tax increment financinq district was certified before Februarv 1, 2D06; a#ax 15.4 increment financinc�plan. adopted before February 1, 2006. identified the property $� 15.5 intended to be acquired; and the condemninq authoritv has commenced the action within 15.6 five vear� after certification of the district; 15.7 �3 creation of the tax increment financinq district was authorized under a speeial 15.8 ;aw that received local a�proval or became effective without local a�proval before 15.9 Febr€aarv I, 2006. and the condemnina authority commencesthe action within the time 15.10 period permitted under the applicable aeneral or special law for r�akinc� expenditures to 15.11 com�Iv with Minnesota Statutes. section 469.1763. subdivision 3, but not to exceed a 15.12 ter�-vear period; or 15.13 �4l the condemninq authoritv commences the action before Februarv 1, 2011, to 15.14 complete land assembly for a project, financed in whole or in part with abatement under 15.15 Minnesota Statutes, sections 469.1813 to 469.1815, and the abatement resolution was 15.16 adopted bv one of the participatinc� political subdivisions before February 1. 2006. 15.17 (c} Notwithstandina �araqraphs (a� and fb3. actions commenced after Februarv 1,_ 15.18 ��, that satisfv the requirements of �araqraph (b), clause iect to 15.19 the definition of "public use" and "public purpose" under Minnesota Statutes, section 15.20 117.025. as amended bv this act. The rest of the act a�plies to the actions. 15.21 �d) The definitions under Minnesota Statutes, section 469.174. a�plv for purposes 15.22 of paraqraphs fb} and }��. 15.23 {e� The provisions of this act do not appiv to: 15.24 .(1� propertv acquired for a hi�hwa�proiect that, bv the effective date, has been 15.25 selected to receive federal fundinq b the area transportation partnership or metropolitan 15.26 �;a�7n-n� orqanization as part of the state transportation improvement ��,�� 15.27 action is commenced on or before January 15,2007; or 15.28 �.pro�v acquired for the �purpose of providingphysical or financial assistance for 15.29 emerqency shelter and services for homeless persons in a first class �:iR�r f�� a aovernmental 15.30 unit or nonprofit organization, if the action is commencec� on or before two vears after 15.31 the effective date. 15.32 (f� For purposes of this section, the fallawir�a terms have the meanings r�i�en: 15.33 (1„) "action" means a condemnation or eminent domain proceedinc� or action; and 15.34 (� "commence" means when service of notice of the petition under Minnesota 15.35 Statutes, section 117.055. is made. Please direct all comments conceming issues or legislation to your H�:,be h��i77�:r ar �' lak� ;� °�'r. �. For Legislative Staff or tor directions to the Capitol, visit the Conta...c..t._.Us page. �,tt�:��,r�wi�r, I��. �t��.m�. usr L�ir�bL�biJ l, ah�?bil i=�� ]. S.html� ��i «t�- 9s#��c.priSY� I �l�l��J�Ci