Legislative Session number- 84

Bill Name: SF3633

1E Modifying terms and conditions related to the sale of definitive drainage
bonds; conforming the maturity date for bonds issued for rural public water or
sewer systems to the maturity date for bonds issued for municipal water and
wastewater treatment systems; modifying municipal bonds limitations on amounts;
modifying the definition of market value for net debt limit determinations;
specifying certain town proceedings for the creation of a subordinate service
districts; modifying the definition of debt obligation; providing for the
authorization of interfund loans; increasing the bonding authority of the
metropolitan council to issue certificates of indebtedness, bonds or other
obligations for metropolitan area transit and paratransit capital expenditures
for the counties of Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and
Washington, limit; modifying the higher education services office (HESO)
exemption from the 120-day issuance and carryforward requirements for student
loan bonds; modifying certain limits on issuance of capitol improvement bonds;
imposing a time limit and modifying certain conditions for the issuance of the
proceeds of revenue bonds for school districts grants by the commissioner of the
iron range resources and rehabilitation (IRRRB), authorizing grants to
independent school districts #511, Aitkin, #695, Chisholm, #166, Cook County,
#182, Crosby-Ironton, #696, Ely, #2154, Eveleth-Gilbert, #318, Grand Rapids,
#316, Greenway, #701, Hibbing, #381, Lake Superior, #2711, Mesabi East, #712,
Mt. Iron-Buhl, #319, Nashwauk/Keewatin, #2142, St. Louis County, and #706,
Virginia; renaming the Carver county housing and redevelopment authority the
Carver county community development agency; modifying office of higher education
bond allocations temporary priority from the unified pool; specifying certain
unified pool allocation award temporary priority requirements and unified pool
total allocations
(je)