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BRIGGS AND MORGAN <br /> • The above tax increment changes are fairly modest. If anything, most of them are <br /> slight improvements. Several more restrictive proposals which came out of the House Tax <br /> Committee did not survive, including the requirement lo hold public hearings for many <br /> implementation steps of the tax increment process, the proposed limitation on using <br /> increment for "public" buildings and projects, and the proposal to limit the expenditure of <br /> redevelopment tax increments to the "subdivision 4j" partial, enumerated list. <br /> I would also like to advise you that Mary Ippel of our office and I are co-chairing a <br /> tax increment seminar to be held at the Bloomington Marriott on Thursday, November 13. <br /> We will hear various perspectives on tax increment from Representative Dennis Ozment, <br /> Senator John Hottinger, and lobbyist Diane Koebele. Richard Gardner of the Department <br /> of Revenue will speak on what does and doesn't work for making qualifying local <br /> contributions in lieu of the LGA/HACA penalty. Gary Carlson of the League of Minnesota <br /> Cities will speak about the 1997 property tax changes and their impacts. Gary is expected <br /> to have several specific "before" and "after" comparisons for actual cities, tracking the tax <br /> burden shift and the effect on tax rates. Jennifer Mohlenhoff, the Director of the State <br /> Auditor's Tax Increment Financing Division,will present the State Auditor's views on various <br /> TIF issues. Mary and I will be speaking briefly on technical tax increment issues during nap <br /> time, including the new TIF changes, abatement, and $2,000,000 fund. The seminar is <br /> sponsored by the Minnesota Institute of Legal Education. I believe it will be an interesting <br /> (and not too long a) day, and I hope your schedule will permit you attend. Let me know <br /> • if you need further information. <br /> • <br /> 357509.1 6 <br />