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• CHAPTER 17 <br /> Minn. .t.§ 116J.994,subd.3. Once the criteria are established,the grantor and the recipi- ust enter <br /> into subsidy agreements that meet the statutory require•• ts. The <br /> agreement must include an obligation to repay part -. all of the subsidy if <br /> the recipient does not meet its obligations. <br /> Minn.Stat.§116J.993,sub. • Types of assistance meeting the definitio- . a business subsidy include <br /> ants, contributions of real or perso.• property or infrastructure;the <br /> p '.cipal amount of a loan at rate .elow those commercially available to <br /> the r- .ient; any reduction o ferral of any tax or any fee; any guarantee <br /> of any pa. 'sent under an .an, lease or other obligation; or any preferential <br /> use of govern -nt fac' ies given to a business. <br /> Minn.Stat.§ 116J.993,subd 3. There are severa '.-.tions this definition, including a business subsidy of <br /> less than$25 '/0, and s• idies for redevelopment,pollution control and <br /> land clea ..,housing,indu '.1 revenue bonds and other similar programs. <br /> Minn.Stat.§116J.994,subds 7 Rec.• -nts must provide grantors w 'nformation on their progress toward <br /> and 8. t• goals outlined in the agreement. Gra , s must submit the annual <br /> innesota Business Assistance Form(MBA' s the Dept. of Tourism and <br /> Economic Development(DTED)for each busines bsidy agreement. <br /> Local government agencies in cities with a population • ,5000 or more <br /> must submit an MBAF regardless of whether they have aw• •-d business <br /> subsidies. Local government agencies in cities with a population . 2,500 or <br /> less are exempt from filing the MBAF if they have not awarded a su: '. in <br /> the past five years. <br /> II. Structures <br /> A. Housing and redevelopment authorities <br /> The predominant method of delivering and administering housing and <br /> redevelopment programs in Minnesota is through a legal public agency, <br /> accountable to city government.A city may establish this public agency, <br /> which is often the housing and redevelopment authority(HRA). There are <br /> over 230 HRAs in Minnesota. <br /> 1. Elements of an HRA <br /> Minn.Stat.§§469.001 to An HRA is a public corporation with power to undertake certain types of <br /> 469'047' housing and redevelopment or renewal activities. While state legislation <br /> "creates"a housing and redevelopment authority in each city, it is up to the <br /> city council to formally establish an HRA before it can do business and use <br /> Minn.Stat.§469.003. its powers. Once a council legally establishes an HRA,it may undertake <br /> certain types of planning and community development activities on its own <br /> with council approval. <br /> 17-2 HANDBOOK FOR MINNESOTA CITIES <br />