Key: (1) language to be deleted (2) new language
Laws of Minnesota 1991 CHAPTER 177-S.F.No. 1164 An act relating to local government; permitting the city of Biwabik and the town of White to establish a joint east range economic development authority. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. [CITY OF BIWABIK, TOWN OF WHITE; ESTABLISHMENT OF ECONOMIC DEVELOPMENT AUTHORITY.] A public body corporate and politic, to be known as the joint east range economic development authority, is created. The authority has all of the powers and duties of an economic development authority under Minnesota Statutes, sections 469.091 to 469.108, except as otherwise provided in this act. For the purposes of sections 1 to 4, "authority" means the joint east range economic development authority. For the purposes of applying Minnesota Statutes, sections 469.091 to 469.108, to the authority, the city of Biwabik and the town of White each have all of the powers and duties of a city, and the White town board and the Biwabik city council each have all of the powers and duties of a city council, except for bond issuance and tax levy purposes as otherwise provided in this act. The authority may exercise all of the powers of an economic development authority, including those contained in Minnesota Statutes, section 469.101. Sec. 2. [AREA OF OPERATION.] The area of operation of the authority shall include the territory of the city of Biwabik and the town of White. The Biwabik city council must approve any project as defined in Minnesota Statutes, section 469.174, subdivision 8, and any economic development district as defined in Minnesota Statutes, section 469.101, if the project or economic development district includes real property within the boundaries of the city of Biwabik or includes real property owned by the city of Biwabik. The White town board must approve any project as defined in Minnesota Statutes, section 469.174, subdivision 8, and any economic development district as defined in Minnesota Statutes, section 469.101, if the project or economic development district includes real property within the boundaries of the town of White or includes real property owned by the town of White. Sec. 3. [COMMISSIONERS.] Subdivision 1. [APPOINTMENT, TERMS, VACANCIES.] The authority shall consist of seven commissioners, three to be appointed by the White town board and three by the Biwabik city council. The seventh commissioner shall be appointed by joint agreement of a majority of the White town board and a majority of the Biwabik city council; the jointly appointed commissioner shall serve an initial term of six years. Those initially appointed by the city council shall serve terms of one, three, and five years. Those initially appointed by the town board shall serve terms of two, four, and six years. Thereafter, commissioners shall be appointed for six-year terms, except as otherwise provided in this subdivision. Vacancies during a term shall be filled for the unexpired term, in the manner in which the original appointment was made. Town of White board members and Biwabik city council members may serve as commissioners for terms that coincide with the terms of their respective elected offices. Subd. 2. [COMPENSATION, REIMBURSEMENT, REMOVAL.] A commissioner appointed by the White town board shall be compensated, reimbursed, and may be removed for cause by the town board in the manner provided in Minnesota Statutes, section 469.095. A commissioner appointed by the Biwabik city council shall be compensated, reimbursed, and may be removed for cause by the Biwabik city council in the manner provided in Minnesota Statutes, section 469.095. A commissioner appointed jointly by the city council and town board may be removed for cause only by action of a majority of the city council and a majority of the town board. The city council and town board shall each pay one-half of that commissioner's reimbursements and compensation. Sec. 4. [GENERAL OBLIGATION BONDS.] Subdivision 1. [ISSUANCE.] The authority may issue general obligation bonds as provided in Minnesota Statutes, section 469.102. If the bonds are secured by a pledge of the full faith and credit of the town of White and are not secured by a pledge of the full faith and credit of the city of Biwabik, then for the purposes of applying section 469.102 to the issuance of the bonds by the authority, the town of White has all the powers and duties of a city and the White town board has all of the powers and duties of a city council. If the bonds are secured by a pledge of the full faith and credit of the city of Biwabik and are not secured by a pledge of the full faith and credit of the town of White, then for the purposes of applying section 469.102 to the issuance of the bonds by the authority, the city of Biwabik has all of the powers and duties of a city and the Biwabik city council has all of the powers and duties of a city council. If the bonds are secured by a pledge of the full faith and credit of the city of Biwabik and the town of White, then for the purposes of applying section 469.102 to the issuance of the bonds by the authority, the town of White has all of the powers and duties of a city and the White town board has all of the powers and duties of a city council, and the city of Biwabik has all of the powers and duties of a city and the Biwabik city council has all of the powers and duties of a city council. The issuance of general obligation bonds secured by a pledge of the full faith and credit of the city of Biwabik and the town of White must be approved by a two-thirds majority of the White town board and must be approved by a two-thirds majority of the Biwabik city council. Subd. 2. [NET DEBT.] If the White town board and the Biwabik city council authorize the issuance of general obligation bonds by the authority which are secured by the full faith and credit of the city of Biwabik and the town of White, the bonds shall be divided between the city and the town in the proportion that the total assessed valuation of each bears to the total assessed valuation of both for the purpose of applying the limitation on net debt under chapter 475. Sec. 5. [EFFECTIVE DATE.] Sections 1 to 4 are effective the day after compliance by the town board of the town of White and the governing body of the city of Biwabik with Minnesota Statutes, section 645.021, subdivision 3. Presented to the governor May 21, 1991 Signed by the governor May 24, 1991, 5:05 p.m.
Official Publication of the State of Minnesota
Revisor of Statutes