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TTfi and abatement area effective dates: For qualifying condemnation actions (described below), the effective date phases-in the new eminent domain rules as follows: ► t Takings begun by February l, 2008, are exempt from a11 of the new rules. � f Takings begun after February 1,2008, are exempt �rca� the new restrictions on public use, but are subj ect to the other changes in the act (e.g., the potential to pay compensation for going concern value, attorneys fees, etc.). TIF �roiect_s. To be grandfathered in, a'I'��' plan must be approved by the cityby February 1,2008 and must identify the property as intended to be acquired. (Under Minnesota Statutes, section 469.175, subdivision 1, clause (Z), a T��' plan must list the properties that development authority intends to acquire.) In addition, one of three conditions must be satisfied: 1. The developer aequired property by May 1,2006 in reliance on a contract with the condemning authority to condemn other property for the project. Note: There is no speci�ic time limit on when these actions must be brought, aside from those listed above. 2. The condemning authority issued bonds (or entered a contract to issue bonds) to �inance the project and begins the condemnation action within 2 years after issuing the bonds. The TIF district was certified by February 1,2006 and the condemnation action is begun within 5 years after certi�ication of the T� district. Certification occurs after the TIF approval process by filing a request for certi�ication with the county auditor. It cat�, occur as soon as a few months after plan approval or a year or more later, depending upon when the authority requested certification and how quickly the county processed the request. This 5-year period corresponds to the rule under the TIF Act that allows the same period for completing in-district expenditures. Mir�ri. Stat. � 469.1763, subd. 3. TIF districts authorized b�• s�eciallaws (�az�a�za�ph fb� , clause {3}). A speciallaw authorizing creation of a�'�' district must have received 1oca1 approval or become effective before February 1,2006. The condemning authority must start the eminent domain action by the time period permitted under the 5-year ru1e, but not to exceed 10 years if the special 1aw allows a longer period. Economic development abatement ��'ol�cis (pa�'a�raph �� clause (4��. Similar to the TIF exemption under clause (3}, the condemnation action must be started by February 1,201�, and at least one of the political subdivisions must adopt the abatement resolution before February 1,2006. �