Subdivision 1. Obligations. An obligation incurred by a home rule charter city of the fourth class in making arrangements to furnish heat to the city's residents under section 451.04 is not part of the city's debt under its charter or under state law limiting the city's debt.
Subd. 2. Bonds. The amount of bonds issued under section 451.04 and at any time outstanding are not part of the city's net debt under its charter or under other law.
(1769) 1917 c 122 s 2; Ex1919 c 25 s 2; 1921 c 108 s 2; 1949 c 119 s 111; 1988 c 469 art 6 s 1
Structure Minnesota Statutes
Chapters 451 - 459 — Local Public Utilities, Enterprises
Chapter 451 — Utility Franchises, Permits, Rights
Section 451.02 — [Unnecessary]
Section 451.04 — Franchise For City Heating System.
Section 451.05 — Bonds, Obligations For Heat Not Part Of City Debt.
Section 451.07 — Utility Permit After Franchise, License Expire.
Section 451.09 — Steam Heat Discontinued; Notice; Cost To Convert.
Section 451.10 — District Heating System.
Section 451.11 — Policy; Purpose.
Section 451.14 — Installing The Improvements.
Section 451.15 — Payments; Financing.