Bonds or other obligations which were approved by official action of a city before April 25, 1979, and exempted from the provisions of the Mortgage Subsidy Bond Tax Act of 1980, Public Law 96-499, pursuant to section 1104(b) may be issued without regard to the restrictions of section 462C.07, subdivision 2, except that for the purpose of subsequent bond issues, the exempted issues shall count against the cap provided in section 462C.07, subdivision 2.
1981 c 306 s 18
Structure Minnesota Statutes
Chapters 460 - 463 — Local Government Police Powers
Chapter 462C — Municipal Housing
Section 462C.01 — Authorization.
Section 462C.02 — Definitions.
Section 462C.03 — City Housing Plan.
Section 462C.04 — Program Review.
Section 462C.05 — Multifamily Housing, Health Care Facility.
Section 462C.06 — County Hra Acting On Behalf Of City.
Section 462C.07 — Housing Revenue Bonds.
Section 462C.071 — Single-family Mortgage Bonds; Limitations.
Section 462C.08 — Other Housing Legislation.
Section 462C.10 — Official Action Exception.
Section 462C.11 — Mortgage Credit Certificate Programs.
Section 462C.12 — Minneapolis/st. Paul Housing Finance Board; Powers; Jurisdiction.
Section 462C.13 — City Indian Housing Authority.
Section 462C.14 — Housing Program And Developmental Financial Services.
Section 462C.16 — Housing Trust Funds For Local Housing Development.