7. HRSR 09-07-2010 - Laserfiche WebLink

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1167.571 CREATION OF ACCOUNTS. Two redevelopment accounts are created, one in the general fund and one in the bond proceeds fund. Money ~-te~tmts for the grogram may be used to make grants as provided in section 1167.575 and loans as provided in section 1167.5761 and to pay for the commissioner's costs in reviewing applications and making grants and loans and is available until spent. Program income earned may be used for making grants and loans and for administrative costs and are appropriated for such purnose. 1167.572 DEFINITIONS. Subdivision 1. Scope of application. For purposes of sections 1167.571 to 1167.5765, the terms in this section have the meanings given. Subd la Demolition costs "Demolition costs" means the costs of demolition destruction, removal and clearance of all structures and other improvements on the protect site includine interior remedial activities, and groper disposal thereof As used in this subdivision "structure" has the meaning eiven it m sectoon 116G.03. subd. 11. Subd. 2. Development authority. "Development authority" includes a statutory or home rule charter city, county, housing and redevelopment authority, economic development authority, or port authority. Subd. 2a. Metropolitan area. "Metropolitan area" means the seven-county metropolitan area, as defined in section 473.121, subdivision 2. Subd. 2b. Municipality. "Municipality" means the statutory or home rule charter city, town, or, in the case of unorganized territory, the county in which the redevelopment or project is located. Subd. 3. Redevelopment costs or costs. "Redevelopment costs" or "costs" means the costs of land acquisition, stabilizing unstable soils when infill is required, dea~elitieii; infrastructure improvements, and ponding or other environmental infrastructure demolition costs and costs necessary for adaptive reuse of buildings, including remedial activities. Subd. 4. [Repealed by amendment, 1Sp2005 c 1 art 4 s 17] 1167.574 GRANT APPLICATIONS. Subdivision 1. Application required. To obtain a redevelopment grant, a development authority shall apply to the commissioner. The governing body of the municipality must approve the application by resolution. Subd. 2. Required content. The commissioner shall prescribe and provide the application form. The application must include at least the following information: (1) identification of the site; (2) a redevelopment plan for the site; (3) a detailed estimate, along with necessary supporting evidence, of the total redevelopment costs for the site; (4) an assessment of the development potential or likely use of the site after completion of the redevelopment plan, including any specific commitments from third parties to construct improvements on the site; (5} the manner in which the municipality will meet the local match requirement; and (6) any additional information or material the commissioner prescribes. 1167.575 GRANTS. Subdivision 1. Commissioner discretion. The commissioner may make a grant for up to 50 percent of the eligible costs of a project. The determination of whether to make a grant for a site is within the discretion of the commissioner, subject to this section and sections 1167.571 to 1167.574 and available unencumbered money in the redevelopment accounts. The commissioner's decisions and application of the priorities under this section are not subject to judicial review, except for abuse of discretion.