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6.6 EDSR 01-19-2016
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6.6 EDSR 01-19-2016
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1/15/2016 9:08:04 AM
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City Government
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EDSR
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1/19/2016
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<br /> <br />$1.272 million in each year from the general fund and $700,000 each year from the <br />o <br />remediation fund for contaminated site cleanup and development grants under <br />Minnesota Statutes, Sections 116J.551 to 116J.558 <br /> <br />$1.425 million each year for the business development competitive grant program, <br />o <br />$2.189 million in Fiscal Year 2016 and $1.789 million in Fiscal Year 2017 from the <br />general fund, and $17.567 million in Fiscal Year 2016 and $16.767 million in Fiscal <br />Year 2017 from the workforce development fund, for workforce development pro- <br />grams administered by DEED <br /> <br />$4.195 million each year for the Minnesota Jobs Skills Partnership under Minnesota <br />o <br />Statutes, Section 116L.01 <br /> <br />$900,000 each year from the workforce development fund for job training grants <br />o <br />under Minnesota Statutes, Section 116L.42, subd. 3. <br /> <br />$1.9 million in FY16 and $1.3 million for the Greater Minnesota Business <br />o <br />Development Public Infrastructure Grant Program under Minnesota Statutes, Section <br />116J.431. <br /> <br /> <br /> Effective July 1, 2015. <br /> <br /> <br /> Economic Development provisions in the omnibus education finance bill. <br />First Special <br />Session Chapter 3 (HF1*/SF3) is the omnibus education finance bill. Article 6, Section 7 <br />amends Minnesota Statutes, Section 297a.70, subd. 2 to delay the date on which the sales tax <br />exemption for government purchases will go into effect for special districts, <br />instrumentalities of cities, counties, and townships, and all joint powers boards and <br />organizations, including economic development authorities, by one year, from Jan. 1, 2016, <br />to Jan. 1, 2017. The exemption was originally granted during the 2014 legislative session but <br />included a delayed effective date. Effective June 14, 2015. <br /> <br /> Housing and Redevelopment Authorities. <br />There were no changes to the Housing and <br />Redevelopment Authority Act, Minnesota Statutes, Sections 469.001 through 469.047. <br /> <br /> Tax increment financing (TIF). <br />There were no changes to the tax increment financing act, <br />Minnesota Statutes, Sections 469.174 through 469.1794. <br /> <br /> Tax Abatement. <br /> There were no changes to tax abatement act, Minnesota Statutes, Sections <br />469.1813 through 469.1815. <br />2 <br />473920v1 JSB EL185-13 <br />
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