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447.45 BONDS FOR HOSPITAL, NURSING HOME, RELATED FACILITIES.
    Subdivision 1. May include construction debt of acquired facility. A county, city, or
hospital district may issue revenue bonds by resolution of its governing body to finance the
acquisition and betterment of hospital, nursing home, and related medical facilities. This power
is in addition to other powers granted by law and includes, but is not limited to, the payment of
interest during construction and for a reasonable period after construction and the establishment
of reserves for bond payment and for working capital. In connection with the acquisition of any
existing hospital or nursing home facilities, the city, county, or district may retire outstanding
indebtedness incurred to finance the construction of the existing facilities.
    Subd. 2. Listed facilities and services are deemed hospital, nursing home. (a) With
respect to facilities for the care, treatment, and training of persons with developmental disabilities,
and facilities attached or related to a nursing home providing supportive services to elderly
persons who are not yet in need of nursing home care, including congregate housing, adult day
care and respite care services, a hospital district, county, or city may exercise the powers in
sections 447.45 to 447.50 as if these facilities were hospital or nursing home facilities within the
meaning of sections 447.45 to 447.50. "County or city" includes cities of the first class and
counties containing them.
(b) With respect to facilities attached or related to a nursing home providing supportive
services to elderly persons who are not yet in need of nursing home care, including congregate
housing, adult day care, and respite care services, a hospital district may exercise the powers in
sections 447.45 to 447.50 as if these facilities were hospital or nursing home facilities within the
meaning of sections 447.45 to 447.50.
History: 1971 c 844 s 1; Ex1971 c 48 s 51; 1974 c 292 s 2; 1978 c 609 s 2; 1Sp1981 c 4 art
1 s 52; 1982 c 614 s 9; 1985 c 21 s 65; 1987 c 229 art 10 s 1; 1992 c 464 art 1 s 55; 1993 c 271 s
5; 1995 c 80 s 1; 1997 c 94 s 3; 1997 c 219 s 6; 2005 c 56 s 1

Official Publication of the State of Minnesota
Revisor of Statutes