Wayzata; special tax increment financing rules authorized.

This bill allows Wayzata to use tax increment financing (TIF) funds from District No. 6 for specific local projects that would otherwise be restricted under standard rules. It authorizes spending on a lakefront pedestrian walkway, Eco Park improvements (including shoreline restoration and water quality projects), historic Section Foreman House restoration, and accessibility upgrades at Depot Park. The bill modifies standard TIF expenditure rules to permit these projects, directly affecting Wayzata's development plans for the Panoway on Wayzata Bay area. These changes are limited to Wayzata's District No. 6 and require compliance with state administrative procedures.