Minn. Stat. § 477A.085

Current through Register Vol. 49, No. 8, August 19, 2024
Section 477A.085 - DEBT SERVICE AID; CITY OF MINNEAPOLIS

On or before November 1, 2016, and the first day of each November thereafter, the commissioner shall pay to the city of Minneapolis an amount equal to 40 percent of the city's otherwise required levy to pay its general obligation library referendum bonds for the following calendar year. The levy excludes any amount to pay bonds, other than refunding bonds, issued after May 1, 2013. An amount sufficient to pay the aid under this section is appropriated from the general fund to the commissioner of revenue.

Minn. Stat. § 477A.085

2013 c 143 art 2 s 21

Added by 2013 Minn. Laws, ch. 143,s 2-21, eff. 8/1/2013.