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HF 782

as introduced - 89th Legislature (2015 - 2016) Posted on 03/23/2015 03:53pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/12/2015

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
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A bill for an act
relating to local governments; providing for reverse referendum approval of
certain issuance of debt; proposing coding for new law in Minnesota Statutes,
chapter 416.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [416.17] VOTER APPROVAL REQUIRED; LEASES OF PUBLIC
BUILDINGS.
new text end

new text begin Subdivision 1. new text end

new text begin Reverse referendum; certain leases. new text end

new text begin (a) Before executing a
qualified lease, a municipality must publish notice of its intention to execute the lease
and the date and time of a hearing to obtain public comment on the matter. The notice
must be published in the official newspaper of the municipality or in a newspaper of
general circulation in the municipality and must include a statement of the amount of the
obligations to be issued by the authority and the maximum amount of annual rent to be
paid by the municipality under the qualified lease. The notice must be published at least
14, but not more than 28, days before the date of the hearing.
new text end

new text begin (b) A municipality may enter a lease subject to paragraph (a) only upon obtaining
the approval of a majority of the voters voting on the question of issuing the obligations, if
a petition requesting a vote on the issuance is signed by voters equal to five percent of
the votes cast in the municipality in the last general election and is filed with the county
auditor within 30 days after the public hearing.
new text end

new text begin Subd. 2. new text end

new text begin Definitions. new text end

new text begin (a) For purposes of this section, the following terms have
the meanings given them.
new text end

new text begin (b) "Authority" includes any of the following governmental units, the boundaries of
which include all or part of the geographic area of the municipality:
new text end

new text begin (1) a housing and redevelopment authority, as defined in section 469.002;
new text end

new text begin (2) a port authority, as defined in section 469.048;
new text end

new text begin (3) an economic development authority, as defined in section 469.090; or
new text end

new text begin (4) an entity established or exercising powers under a special law with powers
similar to those of an entity described in clauses (1) to (3).
new text end

new text begin (c) "Municipality" means a statutory or home rule charter city, a county, or a
town described in section 368.01, but does not include a city of the first class, however
organized, as defined in section 410.01.
new text end

new text begin (d) "Qualified lease" means a lease for use of public land, all or part of a public
building, or other public facilities consisting of real property for a term of three or more
years as a lessee if the property to be leased to the municipality was acquired or improved
with the proceeds of obligations, as defined in section 475.51, subdivision 3, issued by an
authority.
new text end