Key: (1) language to be deleted (2) new language
Laws of Minnesota 1990 CHAPTER 592-S.F.No. 1807 An act relating to Hennepin county; increasing and extending certain capital improvement bonding authority for Hennepin county; requiring a planning process; amending Minnesota Statutes 1989 Supplement, section 373.40, subdivision 4; Minnesota Statutes Second 1989 Supplement, section 373.40, subdivision 6; Laws 1989, chapter 245, section 1. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. Minnesota Statutes 1989 Supplement, section 373.40, subdivision 4, is amended to read: Subd. 4. [LIMITATIONS ON AMOUNT.] A county, other thanHennepin orRamsey, may not issue bonds under this section if the maximum amount of principal and interest to become due in any year on all the outstanding bonds issued pursuant to this section (including the bonds to be issued) will equal or exceed 0.05367 percent of taxable market value of property in the county. Ramsey county may not issue bonds under this section if the maximum amount of principal and interest to become due in any year on all the outstanding bonds issued pursuant to this section (including the bonds to be issued) will equal or exceed 0.06455 percent of taxable market value of property in the county.Hennepin county may not issue bonds under this sectionif the maximum amount of principal and interest to become due inany year on all the outstanding bonds issued pursuant to thissection together with the bonds proposed to be issued, willequal or exceed 0.02684 percent of taxable market value of theproperty in the county.Calculation of the limit must be made using the taxable market value for the taxes payable year in which the obligations are issued and sold. This section does not limit the authority to issue bonds under any other special or general law. Sec. 2. Minnesota Statutes Second 1989 Supplement, section 373.40, subdivision 6, is amended to read: Subd. 6. [BUILDING FUND LEVY.] (a) If a county other thanHennepin orRamsey has an approved capital improvement plan, the county board may annually levy 0.05367 percent of taxable market value, less the amount levied to pay principal and interest on bonds issued under this section.If theHennepin county board has an approved capital improvement plan,the county board may annually levy 0.02684 percent of taxablemarket value, less the amount levied to pay principal andinterest on bonds issued under this section.If the Ramsey county board has an approved capital improvement plan, the county board may annually levy 0.06455 percent of taxable market value, less the amount levied to pay principal and interest on bonds issued under this section. The proceeds of this levy must be deposited in the county building fund under section 373.25 and may only be expended for capital improvements as provided in the approved capital improvement plan. (b) The maximum amount of the levy, when added to the unexpended balance in the building fund, must not exceed the projected cost of the remaining improvements in the capital improvement plan. A levy made under this section is not subject to any other levy limitation, nor may the levy be included in the computation of any other levy limitation. (c) This subdivision and the exercise of levy authority under it does not supersede or preempt the authority to levy under section 373.25 or any other law. Sec. 3. Laws 1989, chapter 245, section 1, is amended to read: Section 1. [HENNEPIN COUNTY; PUBLIC SAFETY BUILDING BONDS.] Hennepin county may issue and sell general obligation bonds of the county in an amount not exceeding $20,000,000 to finance land acquisition planning, design, site preparation, and other preliminary work for the construction of a public safety building and related facilities. The obligations shall be issued in accordance with Minnesota Statutes, chapter 475, except that their issuance is not subject to approval by the electors under section 475.58. The obligations issued under this section and the property taxes levied to pay the obligationsshall notmust be included in the calculation of Hennepin county's bond and building fund levy limitation under Minnesota Statutes, section 373.40. Sec. 4. [HENNEPIN COUNTY; PUBLIC SAFETY FACILITY PLANNING PROCESS.] Hennepin county may not issue and sell obligations to finance the acquisition and construction of a public safety building and related facilities until the board of county commissioners of Hennepin county has entered into a planning process which must include: (1) comparative analysis of alternative sites, including but not limited to: site preparation factors, proximity to the county courthouse, potential construction or legal delays for each site, and integration into the long-range physical plan for the city of Minneapolis; (2) programmatic plans relating to physical structure, construction, and operational costs; and (3) continued use of the current jail facilities for correctional purposes for a period of at least ten years. The planning process must include at least one public hearing. The board of county commissioners and the city council must cooperate in the analysis and planning process described in clause (1). The planning process must be completed by September 1, 1990. If the city refuses to cooperate by engaging in a good faith effort to analyze the public costs and benefits of alternative sites for both the county and city, the county may proceed to issue and sell the bonds notwithstanding this subdivision. Sec. 5. [HENNEPIN COUNTY; PUBLIC SAFETY FACILITY BONDS.] Notwithstanding Minnesota Statutes, section 373.40, subdivision 7, Hennepin county may issue bonds under Minnesota Statutes, section 373.40, until July 1, 1995, to finance the acquisition and construction of a public safety building and related facilities. Sec. 6. [EFFECTIVE DATE.] Sections 1 to 5 are effective the day following final enactment. Presented to the governor April 28, 1990 Signed by the governor May 3, 1990, 5:42 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes