The county, city, or hospital district may pledge and appropriate the revenues to be derived from its operation of the facilities to pay the principal and interest on the bonds when due and to create and maintain reserves for that purpose, as a first and prior lien on the revenues or, if so provided in the bond resolution, as a lien on the revenues subordinate to the current payment of a fixed amount or percentage or all of the costs of running the facilities.
1971 c 844 s 2; 1973 c 123 art 5 s 7; 1987 c 229 art 10 s 1; 1995 c 256 s 4
Structure Minnesota Statutes
Chapters 447 - 450 — Municipal Welfare, Recreation
Chapter 447 — Hospitals, Welfare Activities
Section 447.04 — Charity Bureau.
Section 447.045 — Liquor Dispensary Fund, Community Hospital Appropriation.
Section 447.05 — Hospitals; Charter Cities Of The Third Or Fourth Class.
Section 447.06 — Acquisition Of Sites And Property.
Section 447.10 — Tax Levy For Operating And Maintaining Hospital.
Section 447.11 — Special Fund.
Section 447.13 — Power Granted Additional To Existing Powers.
Section 447.14 — Gifts For Free Medical Dispensaries, Public Libraries.
Section 447.15 — Administration Of Trust; Designation Of Trustees.
Section 447.31 — Creation And Reorganization Of Hospital Districts.
Section 447.32 — Officers And Elections.
Section 447.331 — Student Loan; Medical School, Health-field Program.
Section 447.34 — Payment Of Expenses; Taxation.
Section 447.345 — Temporary Borrowing Authority.
Section 447.36 — Annexation Of Territory.
Section 447.37 — Powers Supplementary.
Section 447.38 — Dissolution: Detachment Of Territory.
Section 447.41 — Establishment And Operation; Withdrawal.
Section 447.42 — Community House; Developmental Disabilities.
Section 447.45 — Bonds For Hospital, Nursing Home, Related Facilities.
Section 447.46 — Revenue Pledged.
Section 447.47 — Leasing Out Hospital, Nursing Home, Related Facilities.
Section 447.48 — Security For Bonds; Pledge Of Credit For Bonds.