Fridley; authority to transfer tax increment extended.

Summary

The bill moves the expiration of Fridley's ability to transfer tax increment financing from December 31, 2027 to December 31, 2031. It also makes the extension effective once the city council and chief clerk meet specific statutory requirements. This keeps the city's financing tool available for additional projects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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