Proceedings for issuing bonds under sections 475.51 to 475.74 shall be initiated by a resolution of the governing body of the municipality stating the amount proposed to be borrowed and the purpose for which the debt is to be incurred. Such resolution may provide for the submission of the question to vote of the electors. A town board may adopt such resolution without a statement for special town meeting being filed with the clerk.
1949 c 682 s 7; 1997 c 7 art 1 s 160
Structure Minnesota Statutes
Chapters 474 - 477C — Public Debt; Local Government Aid
Section 475.52 — Bond Issues; Purposes.
Section 475.521 — Capital Improvement Bonds.
Section 475.522 — Grant Anticipation Financing Of Transportation Or Transit Projects.
Section 475.525 — Municipal District Heating Bonds.
Section 475.53 — Limit On Net Debt.
Section 475.54 — Maturities; Redemption.
Section 475.55 — Execution; Negotiability; Interest Rates.
Section 475.551 — Excessive Interest, Validation.
Section 475.553 — Paying Agent; Destruction Of Obligations And Coupons.
Section 475.56 — Interest Rate.
Section 475.561 — Taxable Status; Special Provisions.
Section 475.57 — Initiation Of Proceedings; Resolution.
Section 475.58 — Obligations; Elections To Determine Issue.
Section 475.59 — Manner Of Submission; Notice.
Section 475.60 — Sale Of Bonds.
Section 475.63 — Certificate As To Registration.
Section 475.64 — Levy By Auditor.
Section 475.65 — Delivery Of Bonds; Use Of Proceeds.
Section 475.67 — Refunding Bonds, Other Obligations; Validity; Procedure.
Section 475.68 — Joint Liability Of Town And Statutory City.
Section 475.69 — Defaced Bonds; Duplicates.
Section 475.70 — Lost Instruments; Indemnity.
Section 475.72 — Violations And Penalties.
Section 475.73 — State Board Of Investment.
Section 475.74 — Law Limiting Taxes Not Applicable.
Section 475.753 — Municipalities Are Subject To This Chapter.
Section 475.754 — Disaster, Public Emergency; Certificates Of Indebtedness.
Section 475.755 — Emergency Debt Certificates.
Section 475.77 — When Bond Allocation Act Applies.
Section 475.78 — Perfection Of Pledge; Security Interests.
Section 475.79 — Powers Available To Other Political Subdivisions.
Section 475.80 — Attached, Annexed, Combined, Consolidated, Incorporated.