Minnesota Session Laws - 1991, Regular Session

  

                         Laws of Minnesota 1991 

                        CHAPTER 98-H.F.No. 1151 
           An act relating to local government; exempting certain 
          St. Paul port authority activities from competitive 
          bidding requirements; validating the sale of certain 
          school building bonds; amending Minnesota Statutes 
          1990, section 469.084, by adding a subdivision. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1990, section 469.084, is 
amended by adding a subdivision to read: 
    Subd. 15.  [BID LAW EXEMPTION.] If the port authority 
receives real property through termination of a revenue 
agreement, as defined in section 469.153, subdivision 10, or as 
the result of refinancing and contracts with a corporation to 
operate the property, the corporation may sell, purchase, or 
rent supplies, materials, or equipment, or construct, alter, 
expand, repair, or maintain the real property without regard to 
section 471.345. 
    Sec. 2.  [GENERAL OBLIGATION BONDS.] 
    The sale of general obligation school building bonds, under 
the authority of Laws 1990, chapter 604, article 8, section 10, 
and pursuant to a resolution of the governing body of 
independent school district No. 625 adopted by a two-thirds 
majority vote on April 16, 1991, is valid. 
    Sec. 3.  [EFFECTIVE DATE.] 
    Section 1 is effective the day following final enactment.  
Section 2 is effective on the day after compliance with 
Minnesota Statutes, section 645.021, subdivision 3, by the 
governing body of independent school district No. 625. 
    Presented to the governor May 14, 1991 
    Signed by the governor May 17, 1991, 11:24 a.m.