SF 2572

1st Unofficial Engrossment - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to public financing; modifying the notice for 
  1.3             proposed property taxes; modifying terminology; 
  1.4             modifying terms for loans to political subdivisions 
  1.5             and general obligation revenue bonds and revenue 
  1.6             bonds; establishing limits on bond issuance for 
  1.7             extraterritorial projects; adding authority for 
  1.8             borrowing money; modifying provision for bonds issued 
  1.9             for erection of a county jail; allowing levy for 
  1.10            Southwest Regional Development Commission; defining 
  1.11            territory of Cook county as a hospital district; 
  1.12            authorizing the city of South St. Paul to convey 
  1.13            parcels of real estate for construction of single 
  1.14            family housing; authorizing the region nine 
  1.15            development commission to incorporate; allowing Anoka 
  1.16            county to issue capital improvement bonds for a 
  1.17            specific purpose; establishing the Lakes Area economic 
  1.18            authority; providing the authority with power to levy 
  1.19            taxes; authorizing the city of St. Paul to establish 
  1.20            an independent library agency; authorizing the library 
  1.21            agency to issue bonds; amending Minnesota Statutes 
  1.22            2000, sections 287.01, subdivision 3; 383B.80, 
  1.23            subdivision 4; 465.73; 469.034, subdivision 2; 
  1.24            469.102, subdivision 2; 469.153, by adding a 
  1.25            subdivision; 469.155, subdivisions 3, 8; 469.157; 
  1.26            473.39, by adding a subdivision; 641.23; Minnesota 
  1.27            Statutes 2001 Supplement, sections 275.065, 
  1.28            subdivision 3; Laws 1971, chapter 773, section 1, 
  1.29            subdivision 2, as amended; Laws 1989, chapter 211, 
  1.30            section 8, as amended; proposing coding for new law in 
  1.31            Minnesota Statutes, chapter 471. 
  1.32  BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.33     Section 1.  Minnesota Statutes 2001 Supplement, section 
  1.34  275.065, subdivision 3, is amended to read: 
  1.35     Subd. 3.  [NOTICE OF PROPOSED PROPERTY TAXES.] (a) The 
  1.36  county auditor shall prepare and the county treasurer shall 
  1.37  deliver after November 10 and on or before November 24 each 
  1.38  year, by first class mail to each taxpayer at the address listed 
  2.1   on the county's current year's assessment roll, a notice of 
  2.2   proposed property taxes.  
  2.3      (b) The commissioner of revenue shall prescribe the form of 
  2.4   the notice. 
  2.5      (c) The notice must inform taxpayers that it contains the 
  2.6   amount of property taxes each taxing authority proposes to 
  2.7   collect for taxes payable the following year.  In the case of a 
  2.8   town, or in the case of the state determined portion of the 
  2.9   school district levy, the final tax amount will be its proposed 
  2.10  tax.  In the case of taxing authorities required to hold a 
  2.11  public meeting under subdivision 6, the notice must clearly 
  2.12  state that each taxing authority, including regional library 
  2.13  districts established under section 134.201, and including the 
  2.14  metropolitan taxing districts as defined in paragraph (i), but 
  2.15  excluding all other special taxing districts and towns, will 
  2.16  hold a public meeting to receive public testimony on the 
  2.17  proposed budget and proposed or final property tax levy, or, in 
  2.18  case of a school district, on the current budget and proposed 
  2.19  property tax levy.  It must clearly state the time and place of 
  2.20  each taxing authority's meeting, a telephone number for the 
  2.21  taxing authority that taxpayers may call if they have questions 
  2.22  related to the notice, and an address where comments will be 
  2.23  received by mail.  
  2.24     (d) The notice must state for each parcel: 
  2.25     (1) the market value of the property as determined under 
  2.26  section 273.11, and used for computing property taxes payable in 
  2.27  the following year and for taxes payable in the current year as 
  2.28  each appears in the records of the county assessor on November 1 
  2.29  of the current year; and, in the case of residential property, 
  2.30  whether the property is classified as homestead or 
  2.31  nonhomestead.  The notice must clearly inform taxpayers of the 
  2.32  years to which the market values apply and that the values are 
  2.33  final values; 
  2.34     (2) the items listed below, shown separately by county, 
  2.35  city or town, state determined school tax net of the education 
  2.36  homestead credit under section 273.1382, voter approved school 
  3.1   levy, other local school levy, and the sum of the special taxing 
  3.2   districts, and as a total of all taxing authorities:  
  3.3      (i) the actual tax for taxes payable in the current year; 
  3.4      (ii) the tax change due to spending factors, defined as the 
  3.5   proposed tax minus the constant spending tax amount; 
  3.6      (iii) the tax change due to other factors, defined as the 
  3.7   constant spending tax amount minus the actual current year tax; 
  3.8   and 
  3.9      (iv) the proposed tax amount. 
  3.10     In the case of a town or the state determined school tax, 
  3.11  the final tax shall also be its proposed tax unless the town 
  3.12  changes its levy at a special town meeting under section 
  3.13  365.52.  If a school district has certified under section 
  3.14  126C.17, subdivision 9, that a referendum will be held in the 
  3.15  school district at the November general election, the county 
  3.16  auditor must note next to the school district's proposed amount 
  3.17  that a referendum is pending and that, if approved by the 
  3.18  voters, the tax amount may be higher than shown on the notice.  
  3.19  In the case of the city of Minneapolis, the levy for the 
  3.20  Minneapolis library board and the levy for Minneapolis park and 
  3.21  recreation shall be listed separately from the remaining amount 
  3.22  of the city's levy.  In the case of the city of St. Paul, the 
  3.23  levy for the St. Paul library agency shall be listed separately 
  3.24  from the remaining amount of the city's levy.  In the case of a 
  3.25  parcel where tax increment or the fiscal disparities areawide 
  3.26  tax under chapter 276A or 473F applies, the proposed tax levy on 
  3.27  the captured value or the proposed tax levy on the tax capacity 
  3.28  subject to the areawide tax must each be stated separately and 
  3.29  not included in the sum of the special taxing districts; and 
  3.30     (3) the increase or decrease between the total taxes 
  3.31  payable in the current year and the total proposed taxes, 
  3.32  expressed as a percentage. 
  3.33     For purposes of this section, the amount of the tax on 
  3.34  homesteads qualifying under the senior citizens' property tax 
  3.35  deferral program under chapter 290B is the total amount of 
  3.36  property tax before subtraction of the deferred property tax 
  4.1   amount. 
  4.2      (e) The notice must clearly state that the proposed or 
  4.3   final taxes do not include the following: 
  4.4      (1) special assessments; 
  4.5      (2) levies approved by the voters after the date the 
  4.6   proposed taxes are certified, including bond referenda, school 
  4.7   district levy referenda, and levy limit increase referenda; 
  4.8      (3) amounts necessary to pay cleanup or other costs due to 
  4.9   a natural disaster occurring after the date the proposed taxes 
  4.10  are certified; 
  4.11     (4) amounts necessary to pay tort judgments against the 
  4.12  taxing authority that become final after the date the proposed 
  4.13  taxes are certified; and 
  4.14     (5) the contamination tax imposed on properties which 
  4.15  received market value reductions for contamination. 
  4.16     (f) Except as provided in subdivision 7, failure of the 
  4.17  county auditor to prepare or the county treasurer to deliver the 
  4.18  notice as required in this section does not invalidate the 
  4.19  proposed or final tax levy or the taxes payable pursuant to the 
  4.20  tax levy. 
  4.21     (g) If the notice the taxpayer receives under this section 
  4.22  lists the property as nonhomestead, and satisfactory 
  4.23  documentation is provided to the county assessor by the 
  4.24  applicable deadline, and the property qualifies for the 
  4.25  homestead classification in that assessment year, the assessor 
  4.26  shall reclassify the property to homestead for taxes payable in 
  4.27  the following year. 
  4.28     (h) In the case of class 4 residential property used as a 
  4.29  residence for lease or rental periods of 30 days or more, the 
  4.30  taxpayer must either: 
  4.31     (1) mail or deliver a copy of the notice of proposed 
  4.32  property taxes to each tenant, renter, or lessee; or 
  4.33     (2) post a copy of the notice in a conspicuous place on the 
  4.34  premises of the property.  
  4.35     The notice must be mailed or posted by the taxpayer by 
  4.36  November 27 or within three days of receipt of the notice, 
  5.1   whichever is later.  A taxpayer may notify the county treasurer 
  5.2   of the address of the taxpayer, agent, caretaker, or manager of 
  5.3   the premises to which the notice must be mailed in order to 
  5.4   fulfill the requirements of this paragraph. 
  5.5      (i) For purposes of this subdivision, subdivisions 5a and 
  5.6   6, "metropolitan special taxing districts" means the following 
  5.7   taxing districts in the seven-county metropolitan area that levy 
  5.8   a property tax for any of the specified purposes listed below: 
  5.9      (1) metropolitan council under section 473.132, 473.167, 
  5.10  473.249, 473.325, 473.446, 473.521, 473.547, or 473.834; 
  5.11     (2) metropolitan airports commission under section 473.667, 
  5.12  473.671, or 473.672; and 
  5.13     (3) metropolitan mosquito control commission under section 
  5.14  473.711. 
  5.15     For purposes of this section, any levies made by the 
  5.16  regional rail authorities in the county of Anoka, Carver, 
  5.17  Dakota, Hennepin, Ramsey, Scott, or Washington under chapter 
  5.18  398A shall be included with the appropriate county's levy and 
  5.19  shall be discussed at that county's public hearing. 
  5.20     (j) If a statutory or home rule charter city or a town has 
  5.21  exercised the local levy option provided by section 473.388, 
  5.22  subdivision 7, it may include in the notice of its proposed 
  5.23  taxes the amount of its proposed taxes attributable to its 
  5.24  exercise of the option.  In the first year of the city or town's 
  5.25  exercise of this option, the statement shall include an estimate 
  5.26  of the reduction of the metropolitan council's tax on the parcel 
  5.27  due to exercise of that option.  The metropolitan council's levy 
  5.28  shall be adjusted accordingly. 
  5.29     [EFFECTIVE DATE.] This section is effective for notices 
  5.30  prepared after the day following final enactment. 
  5.31     Sec. 2.  Minnesota Statutes 2000, section 287.01, 
  5.32  subdivision 3, is amended to read: 
  5.33     Subd. 3.  [DEBT.] "Debt" means the principal amount of an 
  5.34  obligation to pay money that is secured in whole or in part by a 
  5.35  mortgage of an interest in real property.  An obligation of a 
  5.36  political subdivision and a loan made with the proceeds of such 
  6.1   an obligation constitute a single debt. 
  6.2      Sec. 3.  Minnesota Statutes 2000, section 383B.80, 
  6.3   subdivision 4, is amended to read: 
  6.4      Subd. 4.  [EXPIRATION.] The authority to impose the tax 
  6.5   under this section expires January 1, 2003 2006. 
  6.6      Sec. 4.  Minnesota Statutes 2000, section 465.73, is 
  6.7   amended to read: 
  6.8      465.73 [TOWN HALLS; FIRE HALLS OR RESCUE EQUIPMENT; LOANS 
  6.9   TO POLITICAL SUBDIVISIONS.] 
  6.10     For purposes of constructing, repairing, or acquiring city 
  6.11  halls, town halls, fire halls or fire or rescue equipment any, 
  6.12  or libraries or child care facilities if otherwise authorized by 
  6.13  law, a city, county, or town may borrow up not to 
  6.14  $250,000 exceed $450,000 from (i) funds granted to a rural 
  6.15  electric cooperative organized under chapter 308A by, the United 
  6.16  States Department of Agriculture Rural Business-Cooperative 
  6.17  Service or (ii) directly from or in the form of funds guaranteed 
  6.18  by the Farmers Home Administration Rural Housing Service or 
  6.19  other agency of the United States Department of Agriculture on 
  6.20  by a note secured by a mortgage or other security agreement on 
  6.21  the property purchased with the borrowed funds.  The city, 
  6.22  county, or town may pledge its full faith and credit and assign 
  6.23  or pledge the revenues, if any, from the town halls, fire or 
  6.24  rescue department, or fire hall or facilities or equipment so 
  6.25  financed together with any other properly available funds, 
  6.26  including taxes levied pursuant to section 475.61 to the Farmers 
  6.27  Home Administration or other agency of the United States 
  6.28  Department of Agriculture or its guaranteed lender or a rural 
  6.29  electric cooperative organized under chapter 308A as its grantee 
  6.30  to repay to secure the loan.  The amount of the obligation shall 
  6.31  not be obligation of the note is not to be included when 
  6.32  computing the net debt of the city, county, or town.  An 
  6.33  election shall not be required to authorize the note and 
  6.34  mortgage or assignment of revenues, nor is the approval of the 
  6.35  voters required for the issuance of the note. 
  6.36     Sec. 5.  Minnesota Statutes 2000, section 469.034, 
  7.1   subdivision 2, is amended to read: 
  7.2      Subd. 2.  [GENERAL OBLIGATION REVENUE BONDS.] (a) An 
  7.3   authority may pledge the general obligation of the general 
  7.4   jurisdiction governmental unit as additional security for bonds 
  7.5   payable from income or revenues of the project or the 
  7.6   authority.  The authority must find that the pledged revenues 
  7.7   will equal or exceed 110 percent of the principal and interest 
  7.8   due on the bonds for each year.  The proceeds of the bonds must 
  7.9   be used for a qualified housing development project or 
  7.10  projects.  The obligations must be issued and sold in the manner 
  7.11  and following the procedures provided by chapter 475, except the 
  7.12  obligations are not subject to approval by the electors and the 
  7.13  maturities may extend to not more than 30 years from the date of 
  7.14  occupancy of the project.  The authority is the municipality for 
  7.15  purposes of chapter 475.  
  7.16     (b) The principal amount of the issue must be approved by 
  7.17  the governing body of the general jurisdiction governmental unit 
  7.18  whose general obligation is pledged.  Public hearings must be 
  7.19  held on issuance of the obligations by both the authority and 
  7.20  the general jurisdiction governmental unit.  The hearings must 
  7.21  be held at least 15 days, but not more than 120 days, before the 
  7.22  sale of the obligations. 
  7.23     (c) The maximum amount of general obligation bonds that may 
  7.24  be issued and outstanding under this section equals the greater 
  7.25  of (1) one-half of one percent of the taxable market value of 
  7.26  the general jurisdiction governmental unit whose general 
  7.27  obligation which includes a tax on property is pledged, or (2) 
  7.28  $3,000,000.  In the case of county or multicounty general 
  7.29  obligation bonds, the outstanding general obligation bonds of 
  7.30  all cities in the county or counties issued under this 
  7.31  subdivision must be added in calculating the limit under clause 
  7.32  (1). 
  7.33     (d) "General jurisdiction governmental unit" means the city 
  7.34  in which the housing development project is located.  In the 
  7.35  case of a county or multicounty authority, the county or 
  7.36  counties may act as the general jurisdiction governmental unit.  
  8.1   In the case of a multicounty authority, the pledge of the 
  8.2   general obligation is a pledge of a tax on the taxable property 
  8.3   in each of the counties. 
  8.4      (e) "Qualified housing development project" means a housing 
  8.5   development project providing housing either for the elderly or 
  8.6   for individuals and families with incomes not greater than 80 
  8.7   percent of the median family income as estimated by the United 
  8.8   States Department of Housing and Urban Development for the 
  8.9   standard metropolitan statistical area or the nonmetropolitan 
  8.10  county in which the project is located, and will be owned by the 
  8.11  authority for the term of the bonds.  A qualified housing 
  8.12  development project may admit nonelderly individuals and 
  8.13  families with higher incomes if: 
  8.14     (1) three years have passed since initial occupancy; 
  8.15     (2) the authority finds the project is experiencing 
  8.16  unanticipated vacancies resulting in insufficient revenues, 
  8.17  because of changes in population or other unforeseen 
  8.18  circumstances that occurred after the initial finding of 
  8.19  adequate revenues; and 
  8.20     (3) the authority finds a tax levy or payment from general 
  8.21  assets of the general jurisdiction governmental unit will be 
  8.22  necessary to pay debt service on the bonds if higher income 
  8.23  individuals or families are not admitted. 
  8.24     Sec. 6.  Minnesota Statutes 2000, section 469.102, 
  8.25  subdivision 2, is amended to read: 
  8.26     Subd. 2.  [DETAIL; MATURITY.] The authority with the 
  8.27  consent of its city's council shall set the date, denominations, 
  8.28  place of payment, form, and details of the bonds.  The bonds 
  8.29  must mature serially.  The first installment is due in not more 
  8.30  than three years and the last in not more than 20 30 years from 
  8.31  the date of issuance.  
  8.32     Sec. 7.  Minnesota Statutes 2000, section 469.153, is 
  8.33  amended by adding a subdivision to read: 
  8.34     Subd. 13.  [RELATED PUBLIC IMPROVEMENTS.] "Related public 
  8.35  improvements" means any public improvements described in section 
  8.36  429.021, that are acquired and constructed in connection with 
  9.1   the project and are financed by the contracting party under the 
  9.2   revenue agreement. 
  9.3      Sec. 8.  Minnesota Statutes 2000, section 469.155, 
  9.4   subdivision 3, is amended to read: 
  9.5      Subd. 3.  [REVENUE BONDS.] (a) It may issue revenue bonds, 
  9.6   in anticipation of the collection of revenues of a project to be 
  9.7   situated within the state, to finance, in whole or in part, the 
  9.8   cost of the acquisition, construction, reconstruction, 
  9.9   improvement, betterment, or extension thereof and of any related 
  9.10  public improvements.  
  9.11     (b) It may issue revenue bonds to purchase the obligations 
  9.12  of local government units located in whole or in part within the 
  9.13  boundaries of the municipality.  The proceeds of bonds issued to 
  9.14  purchase obligations as provided under this paragraph may be 
  9.15  disbursed or otherwise used to pay underwriter's or placement 
  9.16  fees, expenses, or other costs of issuance and sale for the 
  9.17  bonds only on a pro rata basis determined with respect to the 
  9.18  portion of the proceeds that are used to purchase the 
  9.19  obligations.  The municipality may not pay the underwriter's or 
  9.20  placement fees, expenses, or other costs of issuance and sale 
  9.21  out of other money. 
  9.22     Sec. 9.  Minnesota Statutes 2000, section 469.155, 
  9.23  subdivision 8, is amended to read: 
  9.24     Subd. 8.  [IMPLEMENTATION OF POWERS AND COVENANTS; 
  9.25  CONSTRUCTION AND ACQUISITION BY CONTRACTING PARTY.] It may make 
  9.26  all contracts, execute all instruments, and do all things 
  9.27  necessary or convenient in the exercise of the powers granted in 
  9.28  sections 469.152 to 469.165, or in the performance of its 
  9.29  covenants or duties, or in order to secure the payment of its 
  9.30  bonds.  It may enter into a revenue agreement authorizing the 
  9.31  contracting party, subject to any terms and conditions the 
  9.32  municipality or redevelopment agency finds necessary or 
  9.33  desirable and proper, to provide for the construction, 
  9.34  acquisition, and installation of the buildings, improvements, 
  9.35  and equipment to be included in the project and any related 
  9.36  public improvements by any means legally available to the 
 10.1   contracting party and in the manner determined by the 
 10.2   contracting party and without advertisement for bids unless 
 10.3   advertisement by the contracting party is otherwise required by 
 10.4   law.  
 10.5      Sec. 10.  Minnesota Statutes 2000, section 469.157, is 
 10.6   amended to read: 
 10.7      469.157 [DETERMINATION OF COST OF PROJECT.] 
 10.8      In determining the cost of a project, the governing body 
 10.9   may include all cost and estimated cost of the acquisition, 
 10.10  construction, reconstruction, improvement, betterment, and 
 10.11  extension of the project and any related public improvements, 
 10.12  all engineering, inspection, fiscal, legal, administrative, and 
 10.13  printing expense, the interest which it is estimated will accrue 
 10.14  during the construction period and for six months thereafter on 
 10.15  money borrowed or which it is estimated will be borrowed 
 10.16  pursuant to sections 469.152 to 469.165, and bond reserves and 
 10.17  premiums for insurance of lease rentals pledged to pay the bonds.
 10.18     Sec. 11.  [471.656] [LIMITS ON BOND ISSUANCE FOR 
 10.19  EXTRATERRITORIAL PROJECTS.] 
 10.20     (a) Notwithstanding any law to the contrary, neither a 
 10.21  municipality nor an authority may issue obligations to finance 
 10.22  the acquisition or improvement of real property located outside 
 10.23  of the corporate boundaries of the issuer, unless: 
 10.24     (1) the issuing governmental unit is the equitable owner of 
 10.25  the property to be financed; or 
 10.26     (2)(i) for property located in a city, the governing body 
 10.27  of the city consents, by resolution, to issuance of the 
 10.28  obligations; or 
 10.29     (ii) for property located outside of a city or in two or 
 10.30  more cities or towns, the governing body of the county in which 
 10.31  the property is located consents, by resolution, to issuance of 
 10.32  the obligations; or 
 10.33     (3) the obligations are issued under a joint powers 
 10.34  agreement and the property is located entirely within the 
 10.35  boundaries of one or more of the parties to the joint powers 
 10.36  agreement. 
 11.1      (b) For purposes of this section, an authority includes, 
 11.2   whether created under general or special law: 
 11.3      (1) a housing and redevelopment authority; 
 11.4      (2) an economic development authority; 
 11.5      (3) a port authority; 
 11.6      (4) a rural development financing authority; or 
 11.7      (5) other similar local government entities that are 
 11.8   authorized by law to issue obligations. 
 11.9      (c) The definitions in section 475.51 apply to this section.
 11.10     [EFFECTIVE DATE.] This section is effective for obligations 
 11.11  issued or sold after June 30, 2002. 
 11.12     Sec. 12.  Minnesota Statutes 2000, section 473.39, is 
 11.13  amended by adding a subdivision to read: 
 11.14     Subd. 1i.  [OBLIGATIONS.] After July 1, 2002, in addition 
 11.15  to the authority in subdivisions 1a, 1b, 1c, 1d, 1e, 1g, and 1h, 
 11.16  the council may issue certificates of indebtedness, bonds, or 
 11.17  other obligations under this section in an amount not exceeding 
 11.18  $54,000,000 for capital expenditures as prescribed in the 
 11.19  council's regional transit master plan and transit capital 
 11.20  improvement program and for related costs, including the costs 
 11.21  of issuance and sale of the obligations, but not for computer 
 11.22  software, or for construction, maintenance, or operation of 
 11.23  light rail transit or commuter rail. 
 11.24     Sec. 13.  [APPLICATION.] 
 11.25     Section 12 applies in the counties of Anoka, Carver, 
 11.26  Dakota, Hennepin, Ramsey, Scott, and Washington. 
 11.27     Sec. 14.  Minnesota Statutes 2000, section 641.23, is 
 11.28  amended to read: 
 11.29     641.23 [FUNDS, HOW PROVIDED.] 
 11.30     Before any contract is made for the erection of a county 
 11.31  jail, sheriff's residence, or both, the county board shall 
 11.32  either levy a sufficient tax to provide the necessary funds, or 
 11.33  issue county bonds therefor in accordance with the provisions of 
 11.34  chapter 475, provided that, unless the issuance of the bonds is 
 11.35  approved by the majority of voters voting on the question of 
 11.36  their issuance, no election is required if the amount of all 
 12.1   bonds issued for this purpose and interest on them which are due 
 12.2   and payable in any year shall does not exceed an amount equal to 
 12.3   0.09671 percent of market value of taxable property within the 
 12.4   county, as last determined before the bonds are issued.  
 12.5      Sec. 15.  [SOUTHWEST REGIONAL DEVELOPMENT COMMISSION; LEVY; 
 12.6   DEBT.] 
 12.7      (a) In addition to other levies authorized by law, the 
 12.8   Southwest Regional Development Commission may levy in each year 
 12.9   through 2010, for taxes payable through 2011, an additional 
 12.10  amount sufficient to retire its remaining debt in connection 
 12.11  with the Prairie Expo project located in Worthington not to 
 12.12  exceed $232,080 annually. 
 12.13     (b) The commission may issue bonds or other obligations 
 12.14  under Minnesota Statutes, chapter 475, in an aggregate principal 
 12.15  amount not to exceed $1,632,224, to retire the debt sooner.  In 
 12.16  that case the levy authorized in paragraph (a) may be used for 
 12.17  debt service on the bonds or other obligations, issued to retire 
 12.18  the debt. 
 12.19     [EFFECTIVE DATE; LOCAL APPROVAL.] This section is effective 
 12.20  the day after: 
 12.21     (1) the governing body of the Southwest Regional 
 12.22  Development Commission and its chief clerical officer timely 
 12.23  comply with Minnesota Statutes, section 645.021, subdivisions 2 
 12.24  and 3; and 
 12.25     (2) the governing body of each county in the development 
 12.26  region and its chief clerical officer timely comply with 
 12.27  Minnesota Statutes, section 645.021, subdivisions 2 and 3. 
 12.28     Sec. 16.  Laws 1971, chapter 773, section 1, subdivision 2, 
 12.29  as amended by Laws 1974, chapter 351, section 5, Laws 1976, 
 12.30  chapter 234, sections 1 and 7, Laws 1978, chapter 788, section 
 12.31  1, Laws 1981, chapter 369, section 1, Laws 1983, chapter 302, 
 12.32  sections 1, Laws 1988, chapter 513, section 1, Laws 1992, 
 12.33  chapter 511, article 9, section 23, and Laws 1998, chapter 389, 
 12.34  article 3, section 27, is amended to read: 
 12.35     Subd. 2.  For each of the years through 2003 to 2008, the 
 12.36  city of St. Paul is authorized to issue bonds in the aggregate 
 13.1   principal amount of $15,000,000 $20,000,000 for each year; or in 
 13.2   an amount equal to one-fourth of one percent of the assessors 
 13.3   estimated market value of taxable property in St. Paul, 
 13.4   whichever is greater, provided that no more than $15,000,000 of 
 13.5   bonds is authorized to be issued in any year, unless St. Paul's 
 13.6   local general obligation debt as defined in this section is less 
 13.7   than six percent of market value calculated as of December 31 of 
 13.8   the preceding year; but at no time shall the aggregate principal 
 13.9   amount of bonds authorized exceed $18,000,000 in 1998, 
 13.10  $18,000,000 in 1999, $19,000,000 in 2000, $19,000,000 in 2001, 
 13.11  $19,500,000 in 2002, and $20,000,000 in 2003. 
 13.12     Sec. 17.  Laws 1989, chapter 211, section 8, as amended by 
 13.13  Laws 1992, chapter 505, section 3, is amended to read: 
 13.14     Sec. 8.  [COOK COUNTY; HOSPITAL DISTRICT.] 
 13.15     Subdivision 1.  [CREATION; REFERENDUM.] The board of 
 13.16  commissioners of Cook county may by resolution create a Cook 
 13.17  county hospital district.  The resolution providing for creation 
 13.18  of the district must be published in the official newspaper of 
 13.19  the county.  If within ten days after the publication a petition 
 13.20  is filed with the county board that is signed by qualified 
 13.21  voters of the county at least equal in number to ten percent of 
 13.22  the number of voters voting at the most recent election of 
 13.23  county commissioners, requesting a referendum on the resolution, 
 13.24  it shall not be effective until it is approved by a majority of 
 13.25  qualified voters voting on the question at a special or general 
 13.26  election.  
 13.27     Subd. 2.  [OPERATION OF DISTRICT.] A hospital district 
 13.28  created under this section shall be subject to Minnesota 
 13.29  Statutes, sections 397.06 to 397.102 447.32, except subdivision 
 13.30  1, to 447.41, and except as provided otherwise in this act.  
 13.31     Subd. 3.  [BOARD.] Notwithstanding Minnesota Statutes, 
 13.32  section 397.06 447.32, the board of the district shall be 
 13.33  comprised of one member from each county commissioner district 
 13.34  elected by the voters at the first general election in the 
 13.35  county after the resolution has become effective.  At the 1992 
 13.36  general election, the board members from districts one, three, 
 14.1   and five shall be elected to two-year terms and board members 
 14.2   from districts two and four to four-year terms.  Their 
 14.3   successors shall be elected to regular four-year terms in 1994, 
 14.4   1996, and thereafter.  Terms shall begin on the first day of 
 14.5   January following the election.  
 14.6      If members are elected in 1990, their terms shall be two 
 14.7   years.  When the district is first created, the county 
 14.8   commissioner from each district shall appoint a member of the 
 14.9   board to serve until the commencement of the term of a successor.
 14.10     When a vacancy occurs, the county commissioner from the 
 14.11  district affected majority of the remaining members of the board 
 14.12  of the hospital district shall appoint a member to serve until 
 14.13  January 1 following the next general election in the county, 
 14.14  when at which a successor shall be elected for a full regular 
 14.15  term if the full regular term of the seat that had the vacancy 
 14.16  is expiring on that January 1 or otherwise, for the unexpired 
 14.17  remainder of the regular that seat's term. 
 14.18     Subd. 4.  [TAX LEVY.] The tax levied under Minnesota 
 14.19  Statutes, section 397.09 447.34, shall not exceed $300,000 in 
 14.20  any year, and its proceeds may be used for all purposes of the 
 14.21  hospital district. 
 14.22     Subd. 5.  [TERRITORY.] The territory of the entire county 
 14.23  of Cook is the hospital district. 
 14.24     Subd. 6.  [REFERENCES.] The county acts in the place of 
 14.25  cities and towns for purposes of Minnesota Statutes, sections 
 14.26  447.32, except subdivision 1, to 447.41; and all references made 
 14.27  to hospital districts in Minnesota Statutes, sections 447.32, 
 14.28  except subdivision 1, to 447.41, apply to the Cook county 
 14.29  hospital district. 
 14.30     Subd. 7.  [APPLICATION.] Minnesota Statutes, section 
 14.31  447.38, subdivision 2, does not apply to the hospital district 
 14.32  created under this section. 
 14.33     [EFFECTIVE DATE.] For purposes of Minnesota Statutes, 
 14.34  section 645.021, subdivisions 2 and 3, Cook county and the Cook 
 14.35  county hospital district are the local governmental units 
 14.36  affected.  This section is effective the day after the latter of 
 15.1   the governing bodies of: 
 15.2      (1) Cook county and its chief clerical officer; and 
 15.3      (2) the Cook county hospital district and its chief 
 15.4   clerical officer; 
 15.5   timely complete their compliance with Minnesota Statutes, 
 15.6   section 645.021, subdivisions 2 and 3. 
 15.7      Sec. 18.  [SOUTH ST. PAUL; SINGLE-FAMILY HOUSING.] 
 15.8      Due to the shortage of single-family housing in the city of 
 15.9   South St. Paul, the legislature finds and declares that it is a 
 15.10  public purpose for the city to facilitate the construction of 
 15.11  single-family homes to the greatest extent possible.  The city 
 15.12  of South St. Paul may convey to a private person, firm, 
 15.13  partnership, corporation, or other entity a parcel of real 
 15.14  estate acquired from the Minnesota department of transportation 
 15.15  by quit claim deed, that parcel described as:  "That part of the 
 15.16  Southwest Quarter of the Northwest Quarter of Section 28, 
 15.17  Township 28 North, Range 22 West, Dakota County, Minnesota, 
 15.18  described as follows: 
 15.19     Beginning at the West Quarter corner of said Section 28; 
 15.20  thence East on the East and West Quarter line of said Section 28 
 15.21  a distance of 570 feet; thence run Northwesterly to a point on 
 15.22  the East line of the West 221.5 feet of said Southwest Quarter 
 15.23  of the Northwest Quarter, distant 280 feet North of its 
 15.24  intersection with the East and West Quarter line of said Section 
 15.25  28; thence run Northwesterly to a point on the West line of said 
 15.26  Section 28, distant 375 feet North of the West Quarter corner 
 15.27  thereof; thence run South on said West section line 375 feet to 
 15.28  the point of beginning."  
 15.29     The legislature declares that the conveyance to a private 
 15.30  person, firm, partnership, corporation, or other entity for the 
 15.31  construction of single-family residential dwellings is a public 
 15.32  purpose.  
 15.33     [EFFECTIVE DATE.] This section is effective without local 
 15.34  approval on the day following final enactment. 
 15.35     Sec. 19.  [REGION NINE DEVELOPMENT COMMISSION; NONPROFIT 
 15.36  CORPORATION ESTABLISHED.] 
 16.1      Subdivision 1.  [AUTHORIZATION.] The region nine 
 16.2   development commission may incorporate and authorize the 
 16.3   incorporation of a nonprofit corporation to reduce dependence on 
 16.4   tax dollars in filling regional service gaps and funding rural 
 16.5   programs by improving the region's access to other funding 
 16.6   sources. 
 16.7      Subd. 2.  [BOARD OF DIRECTORS.] The corporation must be 
 16.8   governed by a board of nine directors.  The directors must be 
 16.9   named by the region nine development commission.  No more than 
 16.10  five of the directors may be persons currently serving on the 
 16.11  region nine development commission.  Board members must not be 
 16.12  compensated for their services but may be reimbursed for 
 16.13  reasonable expenses incurred in connection with their duties as 
 16.14  board members. 
 16.15     Subd. 3.  [ARTICLES AND BYLAWS.] The entity must be 
 16.16  incorporated under Minnesota Statutes, chapter 317A, and 
 16.17  otherwise must comply with Minnesota Statutes, chapter 317A, 
 16.18  except to the extent Minnesota Statutes, chapter 317A, is 
 16.19  inconsistent with this section. 
 16.20     Subd. 4.  [EMPLOYEES.] Persons employed by the nonprofit 
 16.21  corporation are not public employees and must not participate in 
 16.22  retirement, deferred compensation, insurance, or other plans 
 16.23  that apply to public employees generally. 
 16.24     Subd. 5.  [CONTRACTING.] The region nine development 
 16.25  commission may enter into management contracts or lease 
 16.26  agreements, or both, with a nonprofit corporation that is 
 16.27  established according to this act. 
 16.28     Subd. 6.  [STATUTORY COMPLIANCE.] (a) Minnesota Statutes, 
 16.29  section 16A.695, applies to a management contract or lease 
 16.30  agreement entered into by the region nine development commission 
 16.31  and a nonprofit corporation established according to this act. 
 16.32     (b) The nonprofit corporation must comply with Minnesota 
 16.33  Statutes, section 465.719, subdivisions 9, 10, 11, 12, 13, and 
 16.34  14. 
 16.35     Sec. 20.  [ANOKA COUNTY DEBT AUTHORITY.] 
 16.36     Subdivision 1.  [AUTHORITY TO INCUR DEBT.] (a) To finance 
 17.1   the cost of designing, constructing, and acquiring public safety 
 17.2   communication system infrastructure and equipment, the governing 
 17.3   body of Anoka county may issue: 
 17.4      (1) capital improvement bonds under the provisions of 
 17.5   Minnesota Statutes, section 373.40, as if the infrastructure and 
 17.6   equipment qualified as a "capital improvement" within the 
 17.7   meaning of Minnesota Statutes, section 373.40, subdivision 1, 
 17.8   paragraph (b); and 
 17.9      (2) capital notes under the provisions of Minnesota 
 17.10  Statutes, section 373.01, subdivision 3, as if the equipment 
 17.11  qualified as "capital equipment" within the meaning of section 
 17.12  373.01, subdivision 3. 
 17.13     (b) The original principal amount of the bonds and the 
 17.14  capital notes issued under this section may not exceed 
 17.15  $12,500,000. 
 17.16     Subd. 2.  [TREATMENT OF LEVY.] Notwithstanding Minnesota 
 17.17  Statutes, sections 275.065, subdivision 3, and 276.04, the 
 17.18  county may report the tax attributable to any levy to pay 
 17.19  principal and interest on bonds or notes issued under this 
 17.20  section as a separate line item on the proposed property tax 
 17.21  notice and the property tax statement. 
 17.22     Subd. 3.  [EXPIRATION.] This section expires ten years 
 17.23  after the first year in which the county issues a note or bond 
 17.24  under this section.  The county may not issue a bond or note 
 17.25  under this section with a maturity or payment date after the 
 17.26  expiration date of this section.  No property tax may be levied 
 17.27  under this section for taxes payable in a calendar year after 
 17.28  the calendar year in which this section expires.  Expiration of 
 17.29  this section does not affect the obligation to pay or the 
 17.30  authority to collect taxes levied under this section before its 
 17.31  expiration. 
 17.32     [EFFECTIVE DATE.] This section is effective the day 
 17.33  following final enactment without local approval. 
 17.34     Sec. 21.  [LEGISLATIVE PURPOSE AND POLICY.] 
 17.35     The legislature determines that in the area in and around 
 17.36  the city of Alexandria, there are economic development issues 
 18.1   that can be more effectively dealt with by a single entity on a 
 18.2   coordinated basis rather than by multiple existing government 
 18.3   units.  The legislature, therefore, declares that for a 
 18.4   coordinated approach to economic development in the area, it is 
 18.5   necessary to establish for the area an economic development 
 18.6   authority with the responsibility of exercising the powers of an 
 18.7   economic development authority in order to advance the economic 
 18.8   vitality of the area. 
 18.9      Sec. 22.  [DEFINITIONS.] 
 18.10     Subdivision 1.  [DEFINITIONS.] For the purposes of sections 
 18.11  21 to 28, the terms defined in this section have the following 
 18.12  meanings. 
 18.13     Subd. 2.  [LAKES AREA ECONOMIC DEVELOPMENT 
 18.14  AUTHORITY.] "Lakes area economic development authority" or 
 18.15  "authority" means the lakes area economic authority established 
 18.16  as provided in section 23. 
 18.17     Subd. 3.  [PERSON.] "Person" means an individual, 
 18.18  partnership, corporation, cooperative, or other organization or 
 18.19  entity, public or private. 
 18.20     Subd. 4.  [MEMBER.] "Member" means the city of Alexandria 
 18.21  or the townships of Alexandria, Carlos, or La Grand, or any 
 18.22  other municipality, the geographic area of which is included 
 18.23  within the jurisdiction of the authority. 
 18.24     Subd. 5.  [MUNICIPALITY.] "Municipality" means a statutory 
 18.25  or home rule charter city or town located in Douglas county. 
 18.26     Sec. 23.  [LAKES AREA ECONOMIC DEVELOPMENT AUTHORITY.] 
 18.27     Subdivision 1.  [ESTABLISHMENT.] A lakes area economic 
 18.28  development authority with jurisdiction over the geographic area 
 18.29  of its members is established as a public corporation and 
 18.30  political subdivision of the state with perpetual succession and 
 18.31  all the rights, powers, privileges, immunities, and duties that 
 18.32  may be validly granted to or imposed upon a municipal 
 18.33  corporation, as provided in sections 21 to 28. 
 18.34     Subd. 2.  [BOARD OF COMMISSIONERS.] The authority is 
 18.35  governed by a board of commissioners to be selected as follows:  
 18.36  the mayor of each member city, and the chair of the town board 
 19.1   of each member town shall appoint one commissioner, subject to 
 19.2   the approval of the respective city council or town board.  The 
 19.3   terms of the commissioner are as provided in subdivision 5. 
 19.4      Subd. 3.  [TIME LIMITS FOR SELECTION, ALTERNATIVE 
 19.5   APPOINTMENT BY DISTRICT JUDGE.] The initial appointment of 
 19.6   commissioners must be made no later than 60 days after sections 
 19.7   21 to 28 becomes effective.  Subsequent appointments must be 
 19.8   made within 60 days before the expiration of a term in the same 
 19.9   manner as the predecessor was selected.  A vacancy on the board 
 19.10  must be filled within 60 days after it occurs.  If a selection 
 19.11  is not made within the prescribed time, the chief judge of the 
 19.12  seventh judicial district of the Minnesota district court on 
 19.13  application by an interested person shall appoint an eligible 
 19.14  person to the board. 
 19.15     Subd. 4.  [VACANCIES.] If a vacancy occurs in the office of 
 19.16  commissioner, the vacancy must be filled for the unexpired term 
 19.17  in a like manner as provided for selection of the commissioner 
 19.18  who vacated the office.  The office must be considered vacant 
 19.19  under the conditions specified in Minnesota Statutes, section 
 19.20  351.02. 
 19.21     Subd. 5.  [TERMS OF OFFICE.] The terms of the initial 
 19.22  appointees to the board of commissioners are for two, three, 
 19.23  four, five, and six years and shall be established by lot among 
 19.24  the initial five commissioners.  The mayor or town board chair 
 19.25  of any new member added under section 26 shall designate the 
 19.26  term, not to exceed six years, of the first commissioner 
 19.27  selected to represent the member.  Succeeding terms of all 
 19.28  commissioners are six years, except that each commissioner 
 19.29  serves until a successor has been duly selected and qualified. 
 19.30     Subd. 6.  [REMOVAL.] A commissioner may be removed by the 
 19.31  unanimous vote of the appointing governing body, with or without 
 19.32  cause. 
 19.33     Subd. 7.  [QUALIFICATIONS.] A commissioner may, but need 
 19.34  not, be a resident of the territory of the member appointing 
 19.35  that commissioner. 
 19.36     Subd. 8.  [COMPENSATION.] A commissioner must be paid a per 
 20.1   diem compensation for attending a regular or special meeting in 
 20.2   an amount determined by the board.  A commissioner must be 
 20.3   reimbursed for all reasonable expenses incurred in the 
 20.4   performance of the commissioner's duties as determined by the 
 20.5   board. 
 20.6      Sec. 24.  [POWERS; APPLICATION OF EDA LAW.] 
 20.7      Subdivision 1.  [USE OF EDA POWERS.] Except as otherwise 
 20.8   provided in sections 21 to 28, the authority may exercise any of 
 20.9   the powers of an economic development authority (EDA) provided 
 20.10  by Minnesota Statutes, sections 469.090 to 469.1082, and for 
 20.11  this purpose the term "city" means a member.  Minnesota 
 20.12  Statutes, sections 469.096 to 469.101, 469.103 to 469.106, and 
 20.13  469.108 to 469.1081 apply to the authority, except that the 
 20.14  authority's fiscal year is the calendar year.  
 20.15     Subd. 2.  [LAW THAT IS NOT APPLICABLE.] The provisions in: 
 20.16     (1) Minnesota Statutes, section 469.091, subdivision 1, 
 20.17  expressly relating to: 
 20.18     (i) the adoption of an enabling resolution; 
 20.19     (ii) Minnesota Statutes, section 469.092; or 
 20.20     (iii) housing and redevelopment authorities; and 
 20.21     (2) Minnesota Statutes, sections 469.093, 469.095, 469.102, 
 20.22  and 469.107; 
 20.23  do not apply to the authority. 
 20.24     Sec. 25.  [MEMBERS MUST LEVY TAXES FOR AUTHORITY.] 
 20.25     A member shall, at the request of the authority, levy a tax 
 20.26  in any year for the benefit of the authority.  The tax is, for 
 20.27  each member, a pro rata portion of the total amount of tax 
 20.28  requested by the authority based on the taxable market value 
 20.29  within a member's jurisdiction, but in no event shall the tax in 
 20.30  any year exceed 0.01813 percent of taxable market value.  For 
 20.31  purposes of this section, "taxable market value" has the meaning 
 20.32  as given in section 273.032. 
 20.33     The treasurer of each member city or town shall, within 15 
 20.34  days after receiving the property tax settlements from the 
 20.35  county treasurer, pay to the treasurer of the authority the 
 20.36  amount collected for this purpose.  The money must be used by 
 21.1   the authority for the purposes provided by sections 21 to 28. 
 21.2      Sec. 26.  [ADDITION AND WITHDRAWAL OF MEMBERS.] 
 21.3      Subdivision 1.  [ADDITIONS.] A municipality upon a 
 21.4   resolution adopted by a four-fifths vote of all of its governing 
 21.5   body may petition the authority to be included within the 
 21.6   jurisdiction of the authority and, if approved by the authority, 
 21.7   the geographic area of the municipality must be included within 
 21.8   the jurisdiction of the authority and subject to the 
 21.9   jurisdiction of the authority under sections 21 to 28. 
 21.10     Subd. 2.  [WITHDRAWALS.] A municipality may withdraw from 
 21.11  the authority by resolution of its governing body.  The 
 21.12  municipality must notify the board of commissioners of the 
 21.13  authority of the withdrawal by providing a copy of the 
 21.14  resolution at least two years in advance of the proposed 
 21.15  withdrawal.  Unless the authority and the withdrawing member 
 21.16  agree otherwise by action of their governing bodies, the taxable 
 21.17  property of the withdrawing member is subject to the property 
 21.18  tax levy under section 25 for two taxes payable years following 
 21.19  the notification of the withdrawal and the withdrawing member 
 21.20  retains any rights, obligations, and liabilities obtained or 
 21.21  incurred during its participation. 
 21.22     Sec. 27.  [CONTRACTS WITH NONPROFIT CORPORATIONS.] 
 21.23     The authority may enter into contracts with one or more 
 21.24  nonprofit corporations to make, from funds of and under 
 21.25  guidelines set by the authority, loans or grants for projects 
 21.26  the authority may undertake under sections 21 to 28.  Minnesota 
 21.27  Statutes, section 465.719, does not apply so long as the 
 21.28  nonprofit corporation is not described in Minnesota Statutes, 
 21.29  section 465.719, subdivision 1, paragraph (b)(i) or (b)(ii). 
 21.30     Sec. 28.  [RELATION TO EXISTING LAWS.] 
 21.31     Sections 21 to 28 must be given full effect notwithstanding 
 21.32  any law or charter that is inconsistent with them. 
 21.33     Sec. 29.  [ST. PAUL LIBRARY AGENCY.] 
 21.34     (a) Notwithstanding any law or charter to the contrary, the 
 21.35  city council of the city of St. Paul may, by ordinance, 
 21.36  establish an independent library agency, a public body corporate 
 22.1   and politic, which is a governmental subdivision of the state of 
 22.2   Minnesota.  The library agency is responsible for all libraries 
 22.3   and library operations within the city of St. Paul.  The actions 
 22.4   of the city council as library board are subject to mayoral veto 
 22.5   and override of that veto in the same manner as other actions of 
 22.6   the city council. 
 22.7      (b) All employees of the library agency are employees of 
 22.8   the city of St. Paul. 
 22.9      (c) The city may transfer any real or personal property 
 22.10  used or to be used for library purposes to the library agency. 
 22.11     (d) The library board shall designate among its members a 
 22.12  chair, secretary, and treasurer, and may adopt bylaws. 
 22.13     (e) The director of the library agency shall be appointed 
 22.14  by the mayor. 
 22.15     [EFFECTIVE DATE.] This section is effective the day after 
 22.16  the governing body of St. Paul and its chief clerical officer 
 22.17  timely complete their compliance with Minnesota Statutes, 
 22.18  section 645.021, subdivisions 2 and 3. 
 22.19     Sec. 30.  [TAX LEVIES; FISCAL MATTERS.] 
 22.20     Subdivision 1.  [BUDGET TO CITY.] Annually, at a time fixed 
 22.21  by charter, resolution, or ordinance of the city, the library 
 22.22  board shall send its budget to the city council.  The budget 
 22.23  must include a detailed written estimate of the amount of money 
 22.24  that the library board expects to need from the city to operate 
 22.25  the library agency during the next fiscal year in excess of any 
 22.26  expected receipts from other sources. 
 22.27     Subd. 2.  [FISCAL YEAR.] The fiscal year of the library 
 22.28  agency must be the same as the fiscal year of the city. 
 22.29     Subd. 3.  [CITY LEVY.] The city shall, at the request of 
 22.30  the library board, levy a tax in any year for the benefit of the 
 22.31  library agency.  The amount collected pursuant to the levy must 
 22.32  be held by the city treasurer exclusively for operations of the 
 22.33  library agency. 
 22.34     [EFFECTIVE DATE.] This section is effective the day after 
 22.35  the governing body of St. Paul and its chief clerical officer 
 22.36  timely complete their compliance with Minnesota Statutes, 
 23.1   section 645.021, subdivisions 2 and 3. 
 23.2      Sec. 31.  [GENERAL OBLIGATION BONDS.] 
 23.3      Subdivision 1.  [POWER; PROCEDURE.] The library agency may 
 23.4   issue bonds in the principal amount authorized by the city 
 23.5   council.  The bonds may be issued in anticipation of income from 
 23.6   any source.  The bonds may be issued: 
 23.7      (1) to secure funds needed by the library agency to pay for 
 23.8   acquired real or personal property; or 
 23.9      (2) for capital improvements to property owned or used by 
 23.10  the library. 
 23.11     The bonds must be in the amount and form and bear interest 
 23.12  at the rate set by the city council.  Except as otherwise 
 23.13  provided in this section, the issuance of the bonds is governed 
 23.14  by Minnesota Statutes, chapter 475.  The library agency when 
 23.15  issuing the bonds is a municipality under Minnesota Statutes, 
 23.16  chapter 475.  Notwithstanding any city charter provision or any 
 23.17  general or special law to the contrary, the bonds may be issued 
 23.18  and sold without submission of the question to the electors of 
 23.19  the city, provided that the ordinance of the city council 
 23.20  authorizing issuance of the bonds by the library agency is 
 23.21  subject to provisions in the city charter pertaining to the 
 23.22  procedure for referendum on ordinances enacted by the city 
 23.23  council. 
 23.24     Subd. 2.  [OUTSIDE DEBT LIMIT.] Bonds issued by the library 
 23.25  agency must not be included in the net debt of the city of St. 
 23.26  Paul.  Money received under this section must not be included in 
 23.27  a per capita limit on taxing or spending in the city charter.  
 23.28  The library agency is also exempt from the limit. 
 23.29     Subd. 3.  [PLEDGE.] The bonds must be secured by the pledge 
 23.30  of the full faith, credit, and resources of the city of St. 
 23.31  Paul.  The city council must first decide whether the issuance 
 23.32  of the bonds by the library agency is proper in each case and, 
 23.33  if so, the amount of bonds to issue.  The city council shall 
 23.34  give specific consent in an ordinance to the pledge of the 
 23.35  city's full faith, credit, and resources.  The city shall pay 
 23.36  the principal amount of the bonds and the interest on them from 
 24.1   taxes levied under this section to make the payment or from 
 24.2   library board income from any source. 
 24.3      [EFFECTIVE DATE.] This section is effective the day after 
 24.4   the governing body of St. Paul and its chief clerical officer 
 24.5   timely complete their compliance with Minnesota Statutes, 
 24.6   section 645.021, subdivisions 2 and 3. 
 24.7      Sec. 32.  [EFFECTIVE DATE; LOCAL APPROVAL.] 
 24.8      Sections 21 to 28 are effective the day after the governing 
 24.9   bodies of the city of Alexandria and the towns of Alexandria, 
 24.10  Carlos, and La Grand in Douglas county and the chief clerical 
 24.11  officers of these municipalities timely complete their 
 24.12  compliance with Minnesota Statutes, section 645.021, 
 24.13  subdivisions 2 and 3. 
 24.14     The rest of this act, unless otherwise specifically stated, 
 24.15  is effective the day following final enactment.