SF 275

1st Engrossment - 87th Legislature (2011 - 2012) Posted on 03/06/2012 02:03pm

A bill for an act
relating to local government; expanding authority of Anoka County to finance
costs of countywide public safety improvements; amending Minnesota Statutes
2010, section 383E.21.

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

Section 1.

Minnesota Statutes 2010, section 383E.21, is amended to read:

383E.21 BONDING FOR COUNTYWIDE PUBLIC SAFETY
COMMUNICATION SYSTEMS IMPROVEMENTS AND EQUIPMENT.

Subdivision 1.

Authority to incur debt.

(a) To finance the cost of designing,
constructing, and acquiring countywide public safety communication system infrastructure
improvements and equipment, including real and personal property, benefiting both Anoka
County and the municipalities located within Anoka County, the governing body of Anoka
County may issue:

(1) capital improvement bonds under the provisions of section 373.40 as if the
infrastructure and equipment qualified as a "capital improvement" within the meaning of
section 373.40, subdivision 1, paragraph (b); and

(2) capital notes under the provisions of section 373.01, subdivision 3, as if the
equipment qualified as "capital equipment" within the meaning of section 373.01,
subdivision 3.

(b) The original outstanding principal amount of the bonds and the capital notes
issued under this section may not exceed $12,500,000 at any time. Any bonds or notes
issued pursuant to this section must only be issued after approval by a majority vote of the
Anoka County Joint Law Enforcement Council, a joint powers board.

Subd. 2.

Treatment of levy.

Notwithstanding sections 275.065, subdivision 3, and
276.04, the county may report the tax attributable to any levy to pay principal and interest
on bonds or notes issued under this section as a separate line item on the proposed property
tax notice and the property tax statement. Notwithstanding any provision in chapter 275 or
373 to the contrary, bonds or notes issued by Anoka County under this section must not be
included in the computation of the net debt of Anoka County.

Subd. 3.

Expiration.

This section expires ten years after the first year in which the
county issues a note or bond under this section on January 1, 2027. The county may not
issue a bond or note under this section with a maturity or payment date after the expiration
date of this section. No property tax may be levied under this section for taxes payable in
a calendar year after the calendar year in which this section expires. Expiration of this
section does not affect the obligation to pay or the authority to collect taxes levied under
this section before its expiration.