Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
430.13 SCOPE OF CHAPTER.
This chapter applies to cities of the first class.
The term "city council" means the governing body of a city.
Certificates or bonds that may be issued to finance an improvement under this chapter are
part of the bonded debt of the city. In calculating the net indebtedness of the city due to the issue
of certificates or bonds, there may be deducted from the gross debt of the city the amount of
certificates or bonds that are payable wholly or partly from collections of special assessments
levied on property benefited by the improvements, including general obligations of the issuing
city, if the city is entitled to reimbursement, in whole or in part, from the proceeds of special
assessments levied upon property especially benefited by the improvements.
History: (1564) 1911 c 185 s 11; 1913 c 345 s 6; 1923 c 438 s 2; 1945 c 530 s 2; 1987
c 229 art 9 s 1
This chapter applies to cities of the first class.
The term "city council" means the governing body of a city.
Certificates or bonds that may be issued to finance an improvement under this chapter are
part of the bonded debt of the city. In calculating the net indebtedness of the city due to the issue
of certificates or bonds, there may be deducted from the gross debt of the city the amount of
certificates or bonds that are payable wholly or partly from collections of special assessments
levied on property benefited by the improvements, including general obligations of the issuing
city, if the city is entitled to reimbursement, in whole or in part, from the proceeds of special
assessments levied upon property especially benefited by the improvements.
History: (1564) 1911 c 185 s 11; 1913 c 345 s 6; 1923 c 438 s 2; 1945 c 530 s 2; 1987
c 229 art 9 s 1
Official Publication of the State of Minnesota
Revisor of Statutes