2005 Minnesota Statutes - 88.42 — Improvements by towns and cities; limitation of indebtedness.

     88.42 Improvements by towns and cities; limitation of 
  indebtedness.  


    All towns and cities are hereby authorized and empowered to 
 contract debts and pledge the public credit for, and to engage 
 in, any work reasonably tending to prevent or abate forest 
 fires; provided, that the amount of the indebtedness so 
 contracted or assumed shall never be such as to increase the 
 total public indebtedness of any such town or city beyond the 
 limits now or hereafter fixed by the laws specifically relating 
 thereto, except in case of actual emergency to be declared at or 
 subsequent to the time by resolution or other appropriate action 
 of the town board or city council, or other governing body, as 
 the case may be.  For such emergencies the total public 
 indebtedness shall never be increased at any time so as to be 
 more than five percent in excess of the maximum provided by 
 general law.  


    HIST: (4031-50) 1925 c 263 s 15; 1973 c 123 art 5 s 7