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. . 429.091 I.OCAL IMPROVEMENTS.. SPECIAL ASSFSS1\.1ENTS pality's obligations on the temporary improvement bonds in the same manner as if they held the temporary improvement bonds. Subd. 7. General obligation temporary improvement bonds. The council may by resolution adopted prior to the sale of any temporary improvement bonds pledge the full faith, credit, and taxing power ofthe municipality for the payment of the principal and inter- est. in addition to all provisions made for their security in subdivision 5. In this event the bonds shall be designated as general obligation temporary improvement bonds. and the council shall levy taxes for their payment in accordance with section 475.61. Proceeds of improvement bonds or temporary improvement bonds not yet sold may be treated as pledged revenues, in reduction of the tax otherwise required by section 475.61 to be levied priorto delivery of the obligations. Subd. 7a. Revolving fund bonds. The council may by resolution establish a revolving fund for the payment of the costs of any improvement or any waterworks systems, sewersys- terns, or storm sewer systems described in section 444.075 and for the payment of any obtiga: lions issued to pay the costs thereof or to refund obligations issued for those purposes. The council may create within the revolving fund a separate construction account into which the municipality may deposit the proceeds of any obligations payable from the fund, the pro- ceeds of any special assessments collected with respect to any improvement. any net reve- nues of a waterworks, sewer system. or storm sewer system described in section 444.075 or any other available funds of the municipality appropriated to it. Amounts on deposit in the construction account may be used to pay the costs of any improvement or any waterworks, sewer system, or stann sewer system described in section 444.075. No funds may be ex- pended for an improvement unless at least 20 percent of the costs of each such improvement is to be assessed against benelited property. No funds may be expended for a waterworks, sewer system, or storm sewer system, other than a sewer system described in section 115.46, unless the council estimates that the costs will be recovered from the net revenues of the sys- tem or any combined waterworks. sewer systems. or storm sewer systems operated by the municipality, The council may also create a separate debt service account within the revolv~ ing fund for the payment of principal of and interest on any obligations payable therefrom. Notwithstanding subdivision 4, the council is not required to pledge any particular assesS- ments or other revenues to the payment of the obligations. Collections of special assessments or net revenues may be deposited in either the construction account or the debt service ac- countas the council or an officer desi gnated by the council may detennine. having due regard for anticipated collections of special assessments and net revenues from improvements or waterworks, sewer systems, or stonn sewer systems financed in whole or in pmt from the construction account. and taxes levied for the payment of the obligations. The council may issue obligations that are payable primarily from the debt service account for the purpose.of providing funds to defray in whole or in part any expenses incurred or estimated to be 10- curred in making the improvement or improvements or in constructing the waterworks, sew. er system. or storm sewer system, including every item of cost of the kinds authorized.by section 475.65, or to refund obligations previously issued under this section or section 115.46 or 444.075. The obligations may be general obligations to which the full faith and credit of the municipality are pledged. If the special assessments to be levied and net reve- nuesestimated to be available fortheirpayment are estimated to be at least 20 percent of the principal amount of the obligations. the obligations may be issued without an election an~ shall not be included in determining the net indebtedness of the municipality under the proVI- sions of any law limiting net indebtedness. Subd. 8. Federal Volume Umitation Act. Sections 474A.01 t0474A.21 apply to any issuance of obligations under this section which are subject to hmitation under a federal Vol~ ume Limitation Act as defined in section 474A.02, subdivision 9. or existing federal tax law as defined in section 474A.02. subdivision K. History: 1953 c 398 s 9: 1955 c 8/1.\ 3--5: 1957 c 385.\ I: 1965 c 877 s 5; 1976 c 324s19-21: 1981 cJ71 s 1-4: 1984(' 548s6; 1984 c 582 s 5,6.23: 1984c591 s4,5: 1984 c 633 s 4: ISI' I 985 c 14 ar/8 s 63: 1986 c 465 or/I s 3: 1987 c 344 .\' 4.5; 1992 c 545ar/2.\4: 1996c297" I: 1996c399an2.\ 12 429.IOIRepealed. 1953 c 398 s 13J 64(} 429.101 SERVICE CHARG FITED PROPERTY. Subdivision I. Ordinance ter, the goveming body of any n charges for all or any part of th (a) snow, ice, or rubbish r. (b) weed elimination fron (c) removal or eliminatior eluding any structure included (d) installation or repair 0 of streets, (e) the trimming and care (f) the treatment and reme> repair of sidewalks and alleys. (g) the operation of a stre (h) the operation and ma, as a special assessment a adopt regulations consistent" the option of the council, pro owner or occupant to do the ".. : dust treatment, alley repair, tre ing system) upon notice befor owner or other person served ( cia! assessment. Subd. 2. Procedure for; I shall be payable in a single council may provide. With th ply to assessments made und Subd. 3. Issuance of ob .ubdivision I has been let, C defray the expense of any SUl . sessments imposed upon ben to such obligations with the. (1) Such obligations sha (2) The amount of such, the cost of such work during (3) A separate improve referred to in subdivision I , \vell as special assessments . . History: 1953 c 398 .I 337 s 1; 1974 c 340 s 1,2: 1 '5; 1986 C 444 429.1I [Repealed, 1953 c 3' 429.11I CHARTER PRO Any city operating une der its charter in makin~ ;ldopted after April 17, 195: , er the charter exclusive I History: 1953 c 398 s 29.12-429.18 [Repealed. 29.185 [Repealed, 1949 c