Key: (1) language to be deleted (2) new language
Laws of Minnesota 1989 CHAPTER 238-S.F.No. 1239 An act relating to Roseau county; providing increased bonding authority for hospital districts in the county; amending Laws 1961, chapter 115, section 4, as amended. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Laws 1961, chapter 115, section 4, as amended by Laws 1971, Extra Session chapter 45, section 1, is amended to read: Sec. 4. [ROSEAU, COUNTY OF; HOSPITAL DISTRICTS; BOND ISSUE, TAX LEVY.] The acquisition and betterment of any such hospital, nursing home, and board and care home may be financed in whole or in part by the issuance of general obligation bonds in the manner provided in Minnesota Statutes, Chapter 475, except that the amount of bonds issued for any hospital district and outstanding at any time, less cash and investments held in a sinking fund irrevocably appropriated for the payment thereof, may equal but shall not exceed$2,000,000$5,000,000. The proceedings for the issuance of the bonds shall be instituted and completed by the hospital board. Notice of the election on the bonds shall be published in each legal newspaper published in the district, not less than ten days before the election, and all qualified electors residing in the district shall be entitled to vote at the election, each at the polling place for the voting precinct in which he resides, as established for state and county elections. Taxes for the payment of the bonds shall be levied by the district hospital board on all taxable property within the hospital district and certified to the county auditor for collection in accordance with said chapter 475, and shall not be subject to any statutory limitation as to rate or amount. The bonds shall not constitute indebtedness for any purpose of the county or of any city, village, or town and shall be payable solely from taxes on properties within the hospital district. Sec. 2. [EFFECTIVE DATE.] This act is effective the day after compliance with Minnesota Statutes, section 645.021, subdivision 3, by the Roseau county board. Presented to the governor May 22, 1989 Signed by the governor May 23, 1989, 7:02 a.m.
Official Publication of the State of Minnesota
Revisor of Statutes