Lake City can establish a port authority

A new law will permit Lake City to establish a port authority commission.

According to state statute, “A port authority may study and analyze industrial development needs in its port district, and ways to meet the needs. A port authority may study the desirable patterns for industrial land use and community growth and other factors affecting local industrial development in the district and … may engage in research and disseminate information on river, harbor, and industrial development in the port district.”

Sponsored by Rep. Barb Haley (R-Red Wing) and Sen. Michael Goggin (R-Red Wing), the law is effective upon local approval and completing the required filings with the secretary of state.

If a commission is established, it may also exercise the same powers as a municipal housing and redevelopment authority.

HF738/SF1091*/CH19

SF1091* / HF0738 / CH19