§ 5.06.020. Capture of incremental tax revenues.

Latest version.

From and after the effective date of this section, for all housing authority plans approved after July 1, 2006, the tax increment agency shall only collect the incremental tax revenues for properties that are being redeveloped unless the metropolitan council approves the collection and use of the incremental tax revenue for other properties within the plan area upon approval of a resolution receiving twenty-one affirmative votes.

(Ord. BL2016-157 § 1, 2016)

                    
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