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Office of the Revisor of Statutes

HF 1469 Senate Long Description

Relating to public financeARTICLE 1 Expanding the definition of debt obligation for county building debt recognition purposes to bonds payable from county lease obligations; +expanding the authority to issue capital improvement bonds or notes to finance +the cost of designing, constructing and acquiring statewide public safety +radio communication system infrastructure and equipment to all counties; +authorizing boards of counties not establishing county hospitals or nursing homes+ to by resolution authorize cities to establish the hospitals or nursing +homes; authorizing Koochiching county to establish a port authority and +local government units in the county to apply to the federal government for+ foreign trade zone powers for use within or outside port districts; extending+ the duration of maturities for general obligation revenue bonds issued by+ economic development authorities; increasing the limit on property tax +abatements; authorizing the metropolitan council to issue certificates of +indebtedness, bonds or other obligations for metropolitan area transit capital +expenditures under the regional transit master plan and transit capital +improvement program, limit; authorizing the use of proceeds of bonds issued by the +council on request of the metropolitan radio board for improvements to existing + MHz radio systems capable of interoperating with the regionwide system; +clarifying the restriction on entitlement issuer applications for allocations +from the housing pool; defining street reconstruction for obligations issuance+ authority purposes; clarifying the corporate status of the Lewis and Clark +Rural Water System, Inc. relating to the issuance of obligations for federal +income tax law purposes; increasing the dollar amount allowed to be spent by +Beltrami county for promotion of tourist, agricultural and industrial developments, +local approval requirement; providing for annual adjustment for inflation +of the Cook county hospital district property tax levy and designating the hospital district as a+ municipal corporation and political subdivision of the state; authorizing Kandiyohi county to exercise the powers of a city to +establish an economic development authority (EDA) without voter approval and to +enter into a joint powers agreement with the city of Willmar to exercise powers +common to both the county and the city, designating the joint powers entity as +a special taxing district for property tax levy authority purposes; authorizing+ Itasca county to issue bonds to finance the construction of a nursing home +facility to replace an existing private facility in the county; authorizing and +providing for the city of Minneapolis to establish by ordinance a community +planning and economic development department to replace the Minneapolis community development agency (MCDA), authorizing the city to exercise certain +housing and redevelopment authority (HRA), municipal industrial development and +certain other powers; validating bonds issued by Anoka county for public +safety radio improvements without meeting certain prior review and approval +requirements and the approval by the board of directors of local government +information systems (LOGIS) of the issuance of general obligation revenue bonds for the +financing of data processing equipment and providing for the application of the provisions to certain recently issued obligations; establishing the +southern St. Louis county special taxing district for operation, maintenance +and improvement of the Chris Jensen nursing home ARTICLE 2 Establishing the lakes area economic development authority (EDA) for +the cities of Alexandria or Garfield and the townships of Alexandria or La Grand+ or other city or town in Douglas county as a public corporation; providing for+ selection of a board of commissioners and for the filling of vacancies on the +board; specifying the terms of office; providing for removal of +commissioners with or without cause and for compensation; specifying the powers of the +authority, granting the authority certain contracting authority; imposing +certain tax levy requirements on authority members; providing for expansion of and +withdrawal from the authorityARTICLE 3Establishing the central lakes region sanitary sewer district in +parts of the Douglas county towns of Carlos, Brandon, La Grand, Leaf Valley, +Miltona and Moe to be under the control and management of the central lakes sanitary +sewer board, specifying board membership requirements and providing for +organization and operation, authorizing and providing for appointment of a general+ manager; requiring and providing for the board to adopt a comprehensive plan +for the collection, treatment and disposal of sewage, specifying certain plan and public hearing requirements; +specifying certain local comprehensive plan and sewage management program +adoption requirements, requiring review and approval by and coordination with +the board; requiring the board to assume ownership of existing interceptors and +treatment works and providing for the assumption of existing debt; terminating+ the existing joint powers board and authorizing and providing for the +board to terminate certain existing contracts between local government units; +granting the board certain sewage collection and disposal powers and +specifying certain budget preparation and adoption requirements; providing for the +allocation of current costs to local government units in the district and for local+ payments to the board; specifying certain local levy authority; requiring and +providing for public hearings on specific projects and granting local units +certain special assessment authority; providing for the payment of certain +initial costs; granting the board certain obligations or certificates +issuance and tax levy authority; requiring and providing for board designation of +depositories; providing for certain funds and accounts and for the deposit or +investment of money; specifying certain general powers of the board; requiring +local government units to retain responsibility for the planning, design, acquisition, betterment, operation, administration and maintenance of+ local sanitary sewer facilities, providing for assumption of +responsibility by the board under certain conditions; authorizing and providing for certain+ service and construction contracts; providing for expansion of and withdrawal+ from the district; exempting board property from taxation; providing for the +relation to existing laws (ra)