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Council approves special‑session law allowing more time to spend OPUS TIF increment; not an extension of the district
Summary
The council adopted a resolution approving special‑session legislation (Laws of Minnesota 2025, special session ch.13, art.5, §15) that extends time limits for spending tax‑increment funds generated in the OPUS Business Park district so the city can complete planned public improvements and housing commitments.
The Minnetonka City Council adopted a resolution approving a special‑session law that modifies timing rules for the city’s OPUS tax‑increment financing (TIF) district.
City staff explained the legislation does not extend or create new TIF districts or change allowed uses; rather, it lengthens the statutory windows the city has to expend tax‑increment proceeds on the projects identified in the OPUS district plan. Miss Wysnack, who led the municipal effort at the legislature, described the change as an extension of the expenditure time frame: the…
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