2006 Minnesota Code
Chapters 134 - 135 Libraries
Chapter 134 Public Libraries; Multicounty, Multitype Libraries
Section 134.41 LIBRARY CONSTRUCTION; JOINT FINANCING.

134.41 LIBRARY CONSTRUCTION; JOINT FINANCING.
Subdivision 1. Local government unit defined. For purposes of this section, the term "local
government unit" means a home rule charter or statutory city, county, or town.
Subd. 2. Powers. A local government unit may agree with other local government units to
subject taxable property within their boundaries to taxation to discharge debt incurred for the
construction of a library and related facilities. The portion of the debt to be discharged by taxation
in each unit must be set by agreement. A unit may also agree to discharge a portion of the costs of
construction or debt incurred for the costs by a transfer of money available to the unit that the
unit is not obliged by law to use for some other purpose. A proposed agreement that has a town
as a party must be approved at the town's annual meeting by the electors before the agreement
is effective. Obligations for the purpose may be issued jointly by the agreeing units without an
election and are not subject to the general limit on net debt in any unit. In other respects, the debt
must be incurred and discharged in accordance with chapter 475.
History: 1987 c 380 art 2 s 1