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469.136 Definitions.

Subdivision 1. Terms defined. In sections 469.135 to 469.141, the terms defined in this section have the meanings given them herein, unless the context indicates a different meaning.

Subd. 2. Authority. "Authority" means an authority, as defined in section 469.174, subdivision 2.

Subd. 3. Mined underground space. "Mined underground space" means space resulting from, or which will result from, the excavation of subsurface areas by underground mining methods and having limited access from and to the surface and the supporting material surrounding the space.

Subd. 4. Mined underground space development. "Mined underground space development" means the development or redevelopment of mined underground space for commercial, industrial, and other public and private use, but does not include the development or redevelopment of mined underground space for long-term storage or disposal of hazardous waste or high level nuclear waste.

Subd. 5. City. "City" means a home rule charter or statutory city.

Subd. 6. Project. "Project" means a project encompassing mined underground space development.

Subd. 7. Project costs. "Project costs" mean all costs and estimated costs incurred and to be incurred by a city or by any other person in connection with the acquisition, construction, reconstruction, improvement, betterment, and extension of a project, including all engineering, architectural, legal, fiscal, and administrative fees and expenses, interest on money borrowed to pay project costs during construction and for a period up to six months thereafter, title insurance premiums, rating agency fees, printing expenses, underwriters' commission or discount, bond insurance or other credit enhancement premiums or fees, bond trustee fees, and, for bonds that are not general obligation bonds, a debt service reserve.

Subd. 8. Property rights. The words "interest in land," "land," "property," "property right," "property interest," and other terms describing real property include airspace necessary for the development of projects in subsurface areas.

HIST: 1987 c 291 s 137

Official Publication of the State of Minnesota
Revisor of Statutes