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2022-12-14 CC Packet
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2022-12-14 CC Packet
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1 MINNESOTASTATUTES2021383E.21 <br />383E.21 COUNTYWIDE PUBLIC SAFETY IMPROVEMENTS AND EQUIPMENT; BONDING <br />AND TAX LEVIES. <br />Subdivision1. Authoritytolevypropertytaxesandincurdebt.(a)Tofinancethecostofdesigning, <br />constructing, and acquiring countywide public safety improvements and equipment, including personal <br />property,benefitingbothAnokaCountyandthemunicipalitieslocatedwithinAnokaCounty,thegoverning <br />body of Anoka County may levy property taxes for public safety improvements andequipment, andissue: <br />(1)capital improvement bonds under the provisions of section 373.40 as if the infrastructure and <br />equipment qualified as a "capital improvement" within the meaning of section 373.40, subdivision 1, <br />paragraph (b);and <br />(2)capital notes under the provisions of section 373.01, subdivision 3, as if the equipment qualified as <br />"capital equipment" within the meaning of section 373.01, subdivision 3. Personal property acquired with <br />theproceedsofthebondsorcapitalnotesissuedunderthissectionmusthaveanexpectedusefullifeatleast <br />as long as the term ofdebt. <br />(b) The outstanding principal amount of the bonds and the capital notes issued under this section may <br />not exceed $8,000,000 at any time. Any bonds or notes issued pursuant to this section must only be issued <br />afterapprovalby a majorityvoteoftheAnokaCountyJointLawEnforcementCouncil, a jointpowersboard. <br /> <br />
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