Bill Text: MN HF429 | 2011-2012 | 87th Legislature | Engrossed


Bill Title: Anoka County; countywide public safety improvement finance cost authority expanded.

Sponsorship: Slight Partisan Bill (Republican 7-4)

Status: (Introduced - Dead) 2011-04-18 - Author added Runbeck [HF429 Detail]

Download: Minnesota-2011-HF429-Engrossed.html

1.1A bill for an act
1.2relating to local government; expanding authority of Anoka County to finance
1.3costs of countywide public safety improvements;amending Minnesota Statutes
1.42010, section 383E.21.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. Minnesota Statutes 2010, section 383E.21, is amended to read:
1.7383E.21 BONDING FOR COUNTYWIDE PUBLIC SAFETY
1.8COMMUNICATION SYSTEMS IMPROVEMENTS AND EQUIPMENT.
1.9    Subdivision 1. Authority to incur debt. (a) To finance the cost of designing,
1.10constructing, and acquiring countywide public safety communication system infrastructure
1.11improvements and equipment, including real and personal property, benefiting both Anoka
1.12County and the municipalities located within Anoka County, the governing body of Anoka
1.13County may issue:
1.14(1) capital improvement bonds under the provisions of section 373.40 as if the
1.15infrastructure and equipment qualified as a "capital improvement" within the meaning of
1.16section 373.40, subdivision 1, paragraph (b); and
1.17(2) capital notes under the provisions of section 373.01, subdivision 3, as if the
1.18equipment qualified as "capital equipment" within the meaning of section 373.01,
1.19subdivision 3.
1.20(b) The original outstanding principal amount of the bonds and the capital notes
1.21issued under this section may not exceed $12,500,000 at any time. Any bonds or notes
1.22issued pursuant to this section must only be issued after approval by a majority vote of the
1.23Anoka County Joint Law Enforcement Council, a joint powers board.
2.1    Subd. 2. Treatment of levy. Notwithstanding sections 275.065, subdivision 3, and
2.2276.04, the county may report the tax attributable to any levy to pay principal and interest
2.3on bonds or notes issued under this section as a separate line item on the proposed property
2.4tax notice and the property tax statement. Notwithstanding any provision in chapter 275 or
2.5373 to the contrary, bonds or notes issued by Anoka County under this section must not be
2.6included in the computation of the net debt of Anoka County.
2.7    Subd. 3. Expiration. This section expires ten years after the first year in which the
2.8county issues a note or bond under this section on January 1, 2027. The county may not
2.9issue a bond or note under this section with a maturity or payment date after the expiration
2.10date of this section. No property tax may be levied under this section for taxes payable in
2.11a calendar year after the calendar year in which this section expires. Expiration of this
2.12section does not affect the obligation to pay or the authority to collect taxes levied under
2.13this section before its expiration.
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