There is a newer version
of
this Section
2018 Minnesota Statutes
Chapters 466A - 470 — LOCAL ECONOMIC DEVELOPMENT
Chapter 469 — ECONOMIC DEVELOPMENT
Section 469.0724 — GENERAL OBLIGATION BONDS.
Universal Citation: MN Stat § 469.0724 (2018)
469.0724 GENERAL OBLIGATION BONDS.
The port authority of Cannon Falls or Redwood Falls must not proceed with the sale of general obligation tax-supported bonds until the city council by resolution approves the proposed issuance. The resolution must be published in the official newspaper. If, within 30 days after the publication, a petition signed by voters equal in number to ten percent of the number of voters at the last regular city election is filed with the city clerk, the city and port authority must not issue the general obligation tax-supported bonds until the proposition has been approved by a majority of the votes cast on the question at a regular or special election.
History: 1988 c 702 s 20
Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
