2005 Minnesota Statutes - 473.834 — Debt service; solid waste bonds.

     473.834 Debt service; solid waste bonds. 


    Subdivision 1.    Certain cities and towns; exemption.  
 Each city or town in which a solid waste disposal facility is 
 operating after January 1, 1980, shall be permanently exempt 
 from the payments required by this section, if the facility is a 
 commercial facility disposing of mixed municipal solid waste 
 under an agency permit.  


    Subd. 2.    Allocation of debt service.  The annual debt 
 service on the council's solid waste bonds, issued under 
 Minnesota Statutes 1990, section 473.831, shall be annually 
 apportioned and certified by the council to each county in the 
 metropolitan area, in the proportion that the net tax capacity 
 of all taxable property within each county bears to the net tax 
 capacity of the taxable property in all the counties, except 
 that the apportionment to each county shall first be adjusted to 
 reflect exemptions from payment required by subdivision 1. 


    HIST: 1980 c 564 art 10 s 17; 1981 c 352 s 51; 1987 c 348 s 
 42; 1988 c 719 art 5 s 84; 1989 c 329 art 13 s 20; 1995 c 186 s 
 92