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CHAPTER 15 <br /> • Promote pedestrian skyway systems. <br /> • Install special lighting systems, street signs and street furniture, <br /> landscaping of streets and public property, and snow removal systems. <br /> _Minn.Stat.4 4169.12?. The law encourages pedestrian skyway systems,underground pedestrian <br /> concourses,people-mover systems, and publicly-owned parking structures. <br /> It exempts these structures from taxation even when they are attached to <br /> privately-owned buildings. <br /> G. City industrial development <br /> Minn.Stat. 469.152 to For the purpose of attracting industrial and commercial development and <br /> -G9',651. encouraging local governments to prevent economic deterioration,any home <br /> Minn.Stat.§469.152' rule charter or statutory city or its redevelopment agency has the power to <br /> promote industrial development by: <br /> • Acquiring, constructing,and holding lands,buildings,easements, <br /> improvements to lands and buildings, capital equipment, and inventory <br /> for industrial projects. <br /> • Issuing revenue bonds and entering into revenue agreements to finance <br /> these activities to promote industrial projects. <br /> Minn.Stat.4 469.155,subd.4. . Refinancing health care and other facilities. <br /> Under the legislation,cities assist industries in starting operations and use <br /> generated revenues to repay the costs. This law is the basis for issuing most <br /> industrial revenue bonds. <br /> 2010 Minn.Laws,ch.216,§24 Industrial projects eligible for assistance include any revenue-producing <br /> amending Minn.Stat.S 464.153, <br /> .«hd , enterprises engaged in assembling,fabricating,manufacturing,mixing, <br /> processing, storing,warehousing, or distributing any products of agriculture, <br /> forestry,mining, or manufacturing; or in research and development activity <br /> in these fields; or in the manufacturing, creation,or production of intangible <br /> 20;0 Minn.Laws,en.216,g 26 to property,including any patent,copyright,formula,process,design,know <br /> be codified as Minn.Stat. how, format, or other similar item. "Project" also includes any properties <br /> 469 1615. designated as a qualified green building and sustainable design project under <br /> state law. Eligible projects may include costs related to dewatering <br /> activities. <br /> -Minn.Stat. 164.155..4«hd. 14. The law prohibits a city from operating any of these projects as a business or <br /> in any other manner. <br /> 15:12 LEAGUE OF MINNESOTA CITIES <br /> This chapter last revised 12/2010 <br />