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<br />( <br /> <br />( <br /> <br />(d) The authority to grant new abatements under this subdivision expires <br />on July 1, 2004, except for aqreements with a taxpayer whose' real and <br />personal property is subiect to valuation under or pursuant to Chapter 8100 <br />of the Minnesota Rules, which may be effective for any period up to twenty <br />years in lenqth. <br /> <br />Subd. 7. Review and modification of abatements. The political <br />subdivision may provide in the abatement resolution that the abatement may <br />not be modified or changed during its term. If the abatement resolution does <br />not provide that the abatement may not be modified or changed, the governing <br />body of the political subdivision may review and modify the abatement every <br />second year after it was approved. <br /> <br />Subd. 8. Limitation on abatements. In any year, the total amount of <br />property taxes abated by a political subdivision under this section may not <br />exceed (1) ten percent of the current levy, or (2) $200,000, whichever is <br />greater. The limit under this subdivision does not apply to~ <br /> <br />J1l an uncollected abatement from a prior year that is added to the abatement <br />levy;_.or <br /> <br />(2) a taxpayer whose real and personal property is subiect to valuation under <br />or pursuant to Chapter 8100 of the Minnesota Rules. <br /> <br />Subd. 9. Consent of property owner not required. A political <br />subdivision may abate the taxes on a parcel under sections 469.1812 to <br />469.1815 without obtaining the consent of the property owner. This <br />subdivision does not apply to abatements qranted to a taxpayer whose real and <br />personal property is valued under or pursuant to Chapter 8100 of the <br />Minnesota Rules. <br /> <br />Subd. 10. [APPLICABILITY TO CERTAIN TAXPAYERS] When this statute is <br />applied or utilized with respect to a taxpayer whose real and personal <br />property is subiect to valuation under or pursuant to Chapter 8100 of the <br />Minnesota Rules; the provisions of sections 469.1813, 469.1814 and 469.1815 <br />shall have applicability only to property specified and/or described in the <br />abatement contract or aqreement. <br /> <br />HIST: 1997 c 231 art 2 s 46; 1998 c 397 art 11 s 3; 1999 c 243 art 10 s <br />8-14; 1999 c 248 s 19; 2000 c 490 art 11 s 33-35; lSp2001 c 5 art 15 s 26; <br />2002 c 377 art 7 s 5; 2003 c 127 art 10 s 26; art 12 s 19; lSp2003 c 21 art <br />10 s 11 <br />