Minnesota Statutes
Chapter 469 — Economic Development
Section 469.43 — Development Plan.

Subdivision 1. Development plan; adoption by DMCC; notice; findings. (a) The corporation, working with the city and the nonprofit economic development agency, must prepare and adopt a development plan. The corporation must hold a public hearing before adopting a development plan. At least 60 days before the hearing, the corporation must make copies of the proposed plan available to the public at the corporation and city offices during normal business hours, on the corporation's and city's website, and as otherwise determined appropriate by the corporation. At least ten days before the hearing, the corporation must publish notice of the hearing in the official newspaper of the city. The development plan may not be adopted unless the corporation finds, by resolution, that:
(1) the plan provides an outline for the development of the city as a destination medical center, and the plan is sufficiently complete, including the identification of planned and anticipated projects, to indicate its relationship to definite state and local objectives;
(2) the proposed development affords maximum opportunity, consistent with the needs of the city, county, and state, for the development of the city by private enterprise as a destination medical center;
(3) the proposed development conforms to the general plan for the development of the city and is consistent with the city comprehensive plan;
(4) the plan includes:
(i) strategic planning consistent with a destination medical center in the core areas of commercial research and technology, learning environment, hospitality and convention, sports and recreation, livable communities, including mixed-use urban development and neighborhood residential development, retail/dining/entertainment, and health and wellness;
(ii) estimates of short- and long-range fiscal and economic impacts;
(iii) a framework to identify and prioritize short- and long-term public investment and public infrastructure project development and to facilitate private investment and development, including the criteria and process for evaluating and underwriting development proposals;
(iv) land use planning;
(v) transportation and transit planning;
(vi) operational planning required to support the medical center development district; and
(vii) ongoing market research plans; and
(5) the city has approved the plan.
(b) The identification of planned and anticipated projects under paragraph (a), clause (1), must give priority to projects that will pay wages at least equal to the basic cost of living wage as calculated by the commissioner of employment and economic development for the county in which the project is located. The calculation of the basic cost of living wage must be done as provided for under section 116J.013.
Subd. 2. Development plan approval by city. Section 15.99 does not apply to review and approval of the development plan. The city shall act on the development plan within 60 days following its submission by the corporation. The city may incorporate the development plan into the city's comprehensive plan.
Subd. 3. Subject to city requirements. All projects are subject to the planning, zoning, sanitary, and building laws; ordinances; regulations; and land use plans that apply to the city.
Subd. 4. Modification of development plan. The corporation may modify the development plan at any time. The corporation must update the development plan not less than every five years. A modification or update under this subdivision must be adopted by the corporation upon the notice and after the public hearing and findings required for the original adoption of the development plan, including approval by the city.
Subd. 5. Medical center development districts; creation; notice; findings. As part of the development plan, the corporation may create and define the boundaries of medical center development districts and subdistricts at any place or places within the city. Projects may be undertaken within defined medical center development districts consistent with the development plan.
Subd. 6. Nonprofit economic development agency. (a) The medical business entity must establish a nonprofit economic development agency organized under chapter 317A to provide experience and expertise in developing and marketing the destination medical center. The corporation must engage the agency to assist the corporation in preparing the development plan. The governing board of the agency must be comprised of members of the medical community, city, and county. The agency must collaborate with city, county, and other community representatives. The nonprofit agency must provide services to assist the corporation and city in implementing the goals, objectives, and strategies in the development plan including, but not limited to:
(1) facilitating private investment through development of a comprehensive marketing program to global interests;
(2) developing and updating the criteria for evaluating and underwriting development proposals;
(3) drafting and implementing the development plan, including soliciting and evaluating proposals for development and evaluating and making recommendations to the authority and the city regarding those proposals;
(4) providing transactional services in connection with approved projects;
(5) developing patient, visitor, and community outreach programs for a destination medical center development district;
(6) working with the corporation to acquire and facilitate the sale, lease, or other transactions involving land and real property;
(7) seeking financial support for the corporation, the city, and a project;
(8) partnering with other development agencies and organizations, the city, and the county in joint efforts to promote economic development and establish a destination medical center;
(9) supporting and administering the planning and development activities required to implement the development plan;
(10) preparing and supporting the marketing and promotion of the medical center development district;
(11) preparing and implementing a program for community and public relations in support of the medical center development district;
(12) assisting the corporation or city and others in applications for federal grants, tax credits, and other sources of funding to aid both private and public development; and
(13) making other general advisory recommendations to the corporation and the city, as requested.
(b) The nonprofit economic development agency must disclose to the city and to the corporation the existence, nature, and all material facts regarding any financial interest its employees or contractors have in any public infrastructure project submitted to the city for approval and any financial interest its employees or contractors have in the destination medical center development. "Contractors" includes affiliates of the contractors or members or shareholders with an ownership interest of more than 20 percent in the contractor.
Subd. 6a. Restriction on city funds to support nonprofit economic development agency. The nonprofit economic development agency shall not require the city to pay any amounts to the nonprofit economic development agency that are unrelated to public infrastructure project costs.
Subd. 7. Audit of nonprofit economic development agency contract. Any contract for services between the corporation and the nonprofit economic development agency paid, in whole or in part, with public money provides the corporation, the city, and the state auditor the right to audit the books and records of the agency that are necessary to certify:
(1) the nature and extent of the services furnished pursuant to the contract; and
(2) that the payment for services and related disbursements complies with all state laws, regulations, and the terms of the contract.
Any contract for services between the corporation and the agency paid, in whole or in part, with public money must require the corporation to maintain for the life of the corporation accurate and complete books and records directly relating to the contract.
Subd. 8. Report. By February 15 of each year, the corporation and city must jointly submit a report to the chairs and ranking minority members of the legislative committees and divisions with jurisdiction over local and state government operations, economic development, and taxes, and to the commissioners of revenue and employment and economic development, and the county. The corporation and city must also submit the report as provided in section 3.195. The report must include:
(1) the development plan and any proposed changes to the development plan;
(2) progress of projects identified in the development plan;
(3) actual costs and financing sources, including the amount paid with state aid under section 469.47, and required local contributions of projects completed in the previous two years by the corporation, city, county, and medical business entity;
(4) estimated costs and financing sources for projects to be started in the next two years by the corporation, city, county, and medical business entity; and
(5) debt service schedules for all outstanding obligations of the city for debt issued for projects identified in the plan.
2013 c 143 art 10 s 6; 1Sp2015 c 1 art 8 s 2

Structure Minnesota Statutes

Minnesota Statutes

Chapters 466A - 470 — Local Economic Development

Chapter 469 — Economic Development

Section 469.001 — Purposes.

Section 469.002 — Definitions.

Section 469.003 — City Housing And Redevelopment Authority.

Section 469.004 — County And Multicounty Authorities.

Section 469.005 — Area Of Operation.

Section 469.006 — Appointment, Qualifications, Tenure Of Commissioners.

Section 469.007 — Powers Of County And Multicounty Authorities.

Section 469.008 — Effect Upon City Housing And Redevelopment Authorities.

Section 469.009 — Conflict Of Interest; Penalties For Failure To Disclose.

Section 469.010 — Removal; Hearing; Notice.

Section 469.011 — Authority Operations.

Section 469.012 — Public Body; Powers, Duties, Programs; Taxes Limited.

Section 469.013 — Accounting.

Section 469.014 — Liable In Contract Or Tort.

Section 469.015 — Letting Of Contracts; Performance Bonds.

Section 469.016 — Low-rent Housing.

Section 469.017 — Housing Development Projects.

Section 469.0171 — Housing Plan, Program, And Review.

Section 469.018 — Rentals.

Section 469.019 — Rentals, Tenant Admissions.

Section 469.020 — Discrimination Prohibited, Displaced Families.

Section 469.021 — Preferences.

Section 469.022 — Establishment Of Income Restriction.

Section 469.023 — Periodic Investigation Of Tenant.

Section 469.024 — Power Of Authority.

Section 469.025 — Demolition Of Unsafe Or Unsanitary Buildings.

Section 469.026 — Existing Buildings; Acquisition, Repair.

Section 469.027 — Redevelopment Plan.

Section 469.028 — Municipal Governing Body.

Section 469.029 — Disposal Of Property.

Section 469.030 — Temporary Relocation Of Displaced Families.

Section 469.0305 — Report On Loss Of Housing.

Section 469.031 — Provisional Acceptance By Authority Of Fund, Property.

Section 469.032 — Use Value.

Section 469.033 — Public Redevelopment Cost; Proceeds; Financing.

Section 469.034 — Bond Issue For Corporate Purposes.

Section 469.035 — Manner Of Bond Issuance; Sale.

Section 469.036 — When Bond Allocation Act Applies.

Section 469.037 — Enforcement By Obligee Of Contracts.

Section 469.038 — Bonds, A Legal Investment.

Section 469.039 — Exemption From Process.

Section 469.040 — Tax Status.

Section 469.041 — State Public Bodies, Powers As To Projects.

Section 469.042 — Agreement On Tax Increments; Equivalents.

Section 469.044 — Bond Pending Litigation.

Section 469.045 — Appearance Of Public Corporation; Bond.

Section 469.046 — Advance Of Litigation On Calendar.

Section 469.047 — Suit For Civil Damages.

Section 469.048 — Definitions.

Section 469.049 — Establishment; Characteristics.

Section 469.050 — Commissioners; Terms, Vacancies, Pay, Continuity.

Section 469.051 — Officers; Duties; Organizational Matters.

Section 469.052 — Depositories; Default; Collateral.

Section 469.0521 — Liable In Contract Or Tort.

Section 469.053 — Tax Levies; Fiscal Matters.

Section 469.054 — Use Of City Property, Services By Authority.

Section 469.055 — Powers And Duties.

Section 469.056 — Employees; Contracts; Audits.

Section 469.057 — Port Control By Others; Petition; Intervention.

Section 469.058 — Industrial Development Districts.

Section 469.059 — Development District Powers.

Section 469.060 — General Obligation Bonds.

Section 469.061 — Revenue Bonds; Pledge; Covenants.

Section 469.062 — Other Bonds.

Section 469.063 — When Bond Allocation Act Applies.

Section 469.064 — Port Authority Activities.

Section 469.065 — Sale Of Property.

Section 469.066 — Advances By Port Authority.

Section 469.067 — Finding Land Is Marginal Is Prima Facie Evidence.

Section 469.0671 — No State Bailout Of Port Authorities.

Section 469.068 — Bid Law For Construction Contracts.

Section 469.069 — Albert Lea.

Section 469.070 — Austin.

Section 469.071 — Bloomington.

Section 469.072 — Breckenridge.

Section 469.0721 — Cannon Falls; Redwood Falls; Port Authority.

Section 469.0722 — Limitation Of Powers.

Section 469.0723 — Procedural Requirement.

Section 469.0724 — General Obligation Bonds.

Section 469.0725 — Name.

Section 469.0726 — Removal Of Commissioners For Cause.

Section 469.073 — Detroit Lakes.

Section 469.074 — Duluth.

Section 469.075 — Fergus Falls.

Section 469.076 — Granite Falls.

Section 469.077 — Hastings.

Section 469.0772 — Koochiching County; Port Authority.

Section 469.0773 — Lake City.

Section 469.0775 — Mankato; Port Authority.

Section 469.078 — Minneapolis.

Section 469.079 — North Mankato.

Section 469.080 — Plymouth.

Section 469.081 — Red Wing.

Section 469.0813 — Rosemount; Port Authority.

Section 469.082 — Roseville; Port Authority.

Section 469.083 — St. Cloud.

Section 469.084 — St. Paul.

Section 469.085 — South Saint Paul.

Section 469.0855 — Wabasha.

Section 469.0856 — Ortonville.

Section 469.086 — Wadena.

Section 469.087 — Warroad.

Section 469.088 — White Bear Lake.

Section 469.089 — Winona.

Section 469.090 — Definitions.

Section 469.091 — Economic Development Authority.

Section 469.092 — Limit Of Powers.

Section 469.093 — Procedural Requirement.

Section 469.094 — Transfer Of Authority.

Section 469.095 — Commissioners; Appointment, Terms, Vacancies, Pay, Removal.

Section 469.096 — Officers; Duties; Organizational Matters.

Section 469.097 — Employees; Services; Supplies.

Section 469.098 — Conflict Of Interest.

Section 469.099 — Depositories; Default; Collateral.

Section 469.100 — Obligations.

Section 469.101 — Powers.

Section 469.102 — General Obligation Bonds.

Section 469.103 — Revenue Bonds; Pledge; Covenants.

Section 469.104 — Sections That Apply If Federal Limit Applies.

Section 469.105 — Sale Of Property.

Section 469.106 — Advances By Authority.

Section 469.107 — City May Levy Taxes For Economic Development Authority.

Section 469.108 — Special Law; Optional Use.

Section 469.1081 — Liable In Contract Or Tort.

Section 469.1082 — County Economic Development Authority Or Housing And Redevelopment Authority With Economic Development Powers.

Section 469.109 — Purpose.

Section 469.110 — Definitions.

Section 469.111 — Local Or Area Agencies; Establishment.

Section 469.112 — Municipalities May Join Together.

Section 469.113 — Conflict Of Interest.

Section 469.114 — Agencies; Meetings, Expenses.

Section 469.115 — Powers Of Agencies.

Section 469.116 — Bond Issue For Redevelopment Purposes.

Section 469.117 — Eminent Domain Proceedings.

Section 469.118 — Loans To Redevelopment Agencies.

Section 469.119 — Loan Application Requirements.

Section 469.122 — Limitation Of Powers.

Section 469.123 — Examination And Audit Of Local Agency.

Section 469.124 — Purpose.

Section 469.125 — Definitions.

Section 469.126 — Authority Granted.

Section 469.127 — Tax Status.

Section 469.128 — Grants.

Section 469.130 — Maintenance And Operation.

Section 469.131 — Administration.

Section 469.132 — Advisory Board.

Section 469.133 — Relocation.

Section 469.141 — Regulation To Protect Mined Underground Space.

Section 469.142 — Purposes.

Section 469.143 — Definitions.

Section 469.144 — Establishment; Board.

Section 469.145 — Financing Projects And Facilities.

Section 469.146 — Issuance Of Bonds And Notes.

Section 469.147 — Processing Agreement.

Section 469.148 — Applications For Loan Guaranties.

Section 469.149 — Agreements For Reservation Of Tax Increments.

Section 469.151 — State And County Not Liable On Bonds.

Section 469.152 — Purposes.

Section 469.153 — Definitions.

Section 469.154 — Department Of Employment And Economic Development Duties.

Section 469.155 — Powers.

Section 469.156 — Authorization Of Projects And Bonds.

Section 469.157 — Determination Of Cost Of Project.

Section 469.158 — Manner Of Issuance Of Bonds; Interest Rate.

Section 469.159 — Temporary Loans.

Section 469.160 — Validity Of Bonds; Presumption.

Section 469.161 — Limitation Of Powers By Resolution Or Ordinance.

Section 469.162 — Source Of Payment For Bonds.

Section 469.163 — Bondholders' Rights And Remedies.

Section 469.164 — Powers Added To Application Of Existing Laws And Rules.

Section 469.165 — Applicability Of Hra Provisions.

Section 469.1655 — Qualified Green Building And Sustainable Design Projects.

Section 469.166 — Definitions.

Section 469.167 — Border City Enterprise Zone; Duration.

Section 469.169 — Additional Border City Zone Allocations.

Section 469.171 — Border City Enterprise Zones; State Tax Reductions.

Section 469.172 — Development And Redevelopment Powers.

Section 469.173 — Administration.

Section 469.1731 — Border City Development Zones.

Section 469.1732 — Tax Incentives Within Development Zones.

Section 469.1733 — Disqualified Taxpayers.

Section 469.1734 — Tax Incentives Outside Zones.

Section 469.1735 — Limit On Tax Reductions; Applications Required.

Section 469.174 — Definitions.

Section 469.175 — Establishing, Changing Plan, Annual Accounts.

Section 469.176 — Limitations.

Section 469.1761 — Income Requirements; Housing Districts.

Section 469.1762 — Arbitration Of Disputes Over County Costs.

Section 469.1763 — Restrictions On Pooling; Five-year Limit.

Section 469.177 — Computation Of Tax Increment.

Section 469.1771 — Violations.

Section 469.178 — Tax Increment Bonding.

Section 469.1781 — Required Spending For Neighborhood Revitalization.

Section 469.1782 — Special Law Provisions.

Section 469.179 — Existing Projects; Effective Dates Of Amendments.

Section 469.1792 — Special Deficit Authority.

Section 469.1793 — Developer Obligations Continued.

Section 469.1794 — Duration Extension To Offset Deficits.

Section 469.180 — Development Pacts With Entities Of Other States.

Section 469.1811 — Property Tax Exempt; Agricultural Processing Facility.

Section 469.1812 — Definitions.

Section 469.1813 — Abatement Authority.

Section 469.1814 — Bonding Authority.

Section 469.1815 — Administrative.

Section 469.182 — Employment Bureaus; First Class Cities.

Section 469.183 — Bonds For Municipal Market; First Class Cities.

Section 469.1831 — Neighborhood Revitalization Program; First Class City.

Section 469.184 — Municipal Commercial Rehabilitation Loan Program.

Section 469.185 — Conveying Land To Promote Industry, Employment.

Section 469.186 — Bureau Of Information And Publicity; Statutory Cities.

Section 469.187 — First Class City Spending For Publicity; Publicity Board.

Section 469.188 — 2nd, 3rd Class City May Levy To Advertise Its Resources.

Section 469.189 — Spend To Advertise City; Statutory, 2nd, 3rd, 4th Class City.

Section 469.190 — Local Lodging Tax.

Section 469.191 — Contributions To Regional Or Local Organizations.

Section 469.192 — Economic Development Loans.

Section 469.193 — Foreign Trade Zones.

Section 469.194 — Lewis And Clark Water Project Bonding.

Section 469.201 — Definitions.

Section 469.202 — Designation Of Targeted Communities.

Section 469.203 — Targeted Community Revitalization And Financing.

Section 469.204 — Payment; Revolving Fund.

Section 469.205 — City Powers; Uses Of Targeted Community Money.

Section 469.206 — Hazardous Property Penalty.

Section 469.207 — Annual Audit And Report.

Section 469.309 — Rural Job Creation Grants.

Section 469.310 — Definitions.

Section 469.311 — Development Plan.

Section 469.312 — Job Opportunity Building Zones; Limitations.

Section 469.313 — Application For Designation.

Section 469.314 — Designation Of Job Opportunity Building Zones.

Section 469.315 — Tax Incentives Available In Zones.

Section 469.316 — Individual Income Tax Exemption.

Section 469.317 — Corporate Franchise Tax Exemption.

Section 469.318 — Jobs Credit.

Section 469.3181 — Create Automotive Recovery Jobs Credit.

Section 469.319 — Repayment Of Tax Benefits By Businesses That No Longer Operate In A Zone.

Section 469.3191 — Breach Of Agreements By Businesses That Continue To Operate In Zone.

Section 469.3192 — Prohibition Against Amendments To Business Subsidy Agreement.

Section 469.3193 — Certification Of Continuing Eligibility For Jobz Benefits.

Section 469.320 — Zone Performance; Remedies.

Section 469.3201 — Legislative Auditor; Audits Of Job Opportunity Building Zones And Business Subsidy Agreements.

Section 469.35 — Transit Improvement Area Accounts.

Section 469.351 — Transit Improvement Area Loan Program.

Section 469.40 — Definitions.

Section 469.41 — Destination Medical Center Corporation Established.

Section 469.42 — Officers; Duties; Organizational Matters.

Section 469.43 — Development Plan.

Section 469.44 — City Powers, Duties; Authority To Issue Bonds.

Section 469.45 — City Tax Authority.

Section 469.46 — County Tax Authority.

Section 469.47 — State Infrastructure Aid.

Section 469.50 — Definitions.

Section 469.51 — Regional Exchange District.

Section 469.52 — City Powers; Duties.

Section 469.53 — Regional Exchange District Public Infrastructure Projects.

Section 469.54 — State Value Capture.