Minnesota § 469.204 PAYMENT; REVOLVING FUND

Minnesota Statutes

§ 469.204 — PAYMENT; REVOLVING FUND

Minnesota § 469.204

PartLOCAL ECONOMIC DEVELOPMENT

Ch. 469ECONOMIC DEVELOPMENT

This text of Minnesota § 469.204 (PAYMENT; REVOLVING FUND) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 469.204 (2026).

Text

Subdivision 1.Payment of state money. Upon receipt from a city of a certification that a revitalization program has been adopted or modified, the commissioner shall, within 30 days, pay to the city the amount of state money identified as necessary to implement the revitalization program or program modification. Once the state money has been paid to the city, it becomes targeted community money for use by the city in accordance with an adopted revitalization program and subject only to the restrictions on its use in sections469.201to469.207. Subd.

2.MS 2008 [Repealed,2009 c 78 art 8 s 23] Subd.

3.MS 2008 [Repealed,2009 c 78 art 8 s 23] Subd. 4.Revolving fund. A targeted community revitalization revolving fund is established in the state treasury. The fund consists of all money appropr

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Subdivision 1.Payment of state money.
Upon receipt from a city of a certification that a revitalization program has been adopted or modified, the commissioner shall, within 30 days, pay to the city the amount of state money identified as necessary to implement the revitalization program or program modification. Once the state money has been paid to the city, it becomes targeted community money for use by the city in accordance with an adopted revitalization program and subject only to the restrictions on its use in sections469.201to469.207.

Subd. 2.
MS 2008 [Repealed,2009 c 78 art 8 s 23]

Subd. 3.
MS 2008 [Repealed,2009 c 78 art 8 s 23]

Subd. 4.Revolving fund.
A targeted community revitalization revolving fund is established in the state treasury. The fund consists of all money appropriated to the commissioner for the purposes of sections469.201to469.207and all proceeds received by the commissioner as the result of housing activities related to a targeted community revitalization program.