Applies to
All departments
The objective of the development finance policies is to provide guidance for public assistance to community development efforts in a manner that balances costs against benefits. City staff shall identify sufficient public and private resources at the time a project is approved to ensure feasible completion and operation of the project.
All development financing proposals shall be reviewed to ensure that the proposed finance plan is reasonable, balanced, and the best means by which to achieve City objectives, while adequately protecting citywide financial interests.
All departments
Financial policies are adopted each year as part of the City budget.
Council approval: July 1, 1988
Last revised: December 12, 2023, Resolution 2023R-382
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Phone
Address
Physical AddressPublic Service Center250 S. Fourth St., Room 401Minneapolis, MN 55415 Mailing AddressCity Hall350 S. Fifth St., Room 325MMinneapolis, MN 55415