Minnesota Legislature
Office of the Revisor of Statutes
2017 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
475.57 INITIATION OF PROCEEDINGS; RESOLUTION.
Proceedings for issuing bonds under sections 475.51 to 475.74 shall be initiated by a resolution of the governing body of the municipality stating the amount proposed to be borrowed and the purpose for which the debt is to be incurred. Such resolution may provide for the submission of the question to vote of the electors. A town board may adopt such resolution without a statement for special town meeting being filed with the clerk.
History:
Official Publication of the State of Minnesota
Revisor of Statutes