469.164 POWERS ADDED TO APPLICATION OF EXISTING LAWS AND RULES.
Subdivision 1. Generally.
The powers conferred by sections
addition to the powers conferred by any other law or charter. Insofar as the provisions of any other
law or charter are inconsistent with sections
, the provisions of these sections
shall be controlling as to projects instituted under these sections. Section
shall not apply to
any interest rate charged or attributable to any obligation of a contracting party or sublessee or
subtenant of a contracting party in connection with any project for which the proceedings are
conducted, wholly or partly, pursuant to sections
Subd. 2. Telephone company projects.
In all cases in which a project involves telephonic
communications conducted by or to be conducted by a telephone company, all laws of the state,
and rules of the department of commerce, that apply to property owned by a telephone company
including laws and regulations relating to taxation and valuation of telephone company property,
shall similarly apply to any real and personal property acquired, in whole or in part, by the
issuance of bonds as authorized herein. In the issuance of any bonds pursuant to sections
, these sections shall control, notwithstanding the provisions of chapter 452, or any
other general or special law relating to municipal or town telephone companies.
History: 1987 c 291 s 165; 1Sp2001 c 4 art 6 s 77