1.1.................... moves to amend H.F. No. 1169, the first engrossment, as follows:
1.2Page 7, delete lines 11-29
1.3Page 41, after line 3 insert:
1.4 "Sec. .... Minnesota Statutes 2008, section 116J.435, subdivision 3, is amended to read:
1.5 Subd. 3.
Grant program established. (a) The commissioner shall make
1.6competitive grants to local governmental units to acquire and prepare land on which
1.7public infrastructure required to support an eligible project will be located, including
1.8demolition of structures and remediation of any hazardous conditions on the land, or to
1.9predesign, design, acquire, construct, furnish, and equip public infrastructure required to
1.10support an eligible project. The local governmental unit receiving a grant must provide
1.11for the remainder of the public infrastructure costs.
The commissioner may waive
1.12the requirements related to an eligible project under subdivision 2, if a project would
1.13be eligible under this section but for the fact that its location requires infrastructure
1.14improvements to residential development.
1.15(b) The amount of a grant may not exceed the lesser of the cost of the public
1.16infrastructure or 50 percent of the sum of the cost of the public infrastructure plus the cost
1.17of the completed eligible project.
1.18(c) The purpose of the program is to keep or enhance jobs in the area, increase the
1.19tax base, or to expand or create new economic development through the growth of new
1.20bioscience businesses and organizations."
1.21Renumber the sections in sequence and correct the internal references
1.22Amend the title accordingly