2016 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
465.05 TAX LEVY TO PAY INTEREST.
When a city accepts a gift or donation under section 465.04, the governing body of the city may enter into a written contract for the payment of interest as provided under section 465.04. The city council shall annually levy a tax sufficient to pay the obligation incurred under the contract at the time other taxes are levied.
History:
Official Publication of the State of Minnesota
Revisor of Statutes