1.1.................... moves to amend H.F. No. 3825 as follows:
1.2Page 39, after line 2, insert:
1.3 "Sec. 18.
[473.5996] DEVELOPMENT PARTNERSHIP.
1.4The city of Minneapolis and the football team may enter into a development
1.5partnership in the area surrounding a new stadium, under the following conditions:
1.6(1) the city may use all existing development, financial, or other tools available to
1.7the city, including funds raised under Laws 1986, chapter 396, Section 4, subdivision 3;
1.8(2) the development contract is written so as to require eventual repayment of public
1.9investments from any subsequent sale of land, businesses, or developments;
1.10(3) the development contract is limited to developments attached to, near, or related
1.11to the new stadium; and
1.12(4) the investment of the city, exclusive of public infrastructure improvements, land,
1.13and other necessary improvements agreed to in advance in the negotiated contract, shall
1.14be limited to the amount of $1."
1.15Renumber the sections in sequence and correct the internal references
1.16Amend the title accordingly