5.12. SR 12-19-1994 - Laserfiche WebLink

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. ..... . . 471.86 MUNICIPAL RIGHTS, POWERS, DUTIES 1184 it. If judgment is rendered against the firefighter, such governmental appropriate money from any funds available to pay such jud for the payment thereof pursuant to law. Subd. 3. Application. The obligation 0 Ion shall not apply in any case where such firefighter is fully indem . nst claims for such damages and for such expenses by contract with an this section shall not be construed to waive any existing immunity acc law to municipalities or governmental subdivisions from claims for sustained as the result of the negligence of its officers, agents or servant exercise or performance of governmental or public functions. ry: 1951 c 183 s 1-3; 1957 c 199 s 1; 1973 c 123 art 5 s 7; 1977 c 429 s 63; 1986 471.87 PUBLIC OFFICERS, INTEREST IN CONTRACT; PENALTY. Exceptas authorized in section 471.88, a public officer who is authorized to take part in any manner in making any sale, lease, or contract in official capacity shall not voluntarily have a personal financial interest in that sale, lease, or contract or personally benefit financially therefrom. Every public officer who violates this provision is guilty of a gross misdemeanor. History: 1951 c 379 s 1; 1955 c 41 s 1; 1986 c 444 471.88 MS -1957 [Repealed, 1961 c 651 s 2] 471.88 EXCEPTIONS. Subdivision I. The governing body of any port authority, seaway port authority, economic development authority, town, school district, hospital district, county, or city, by unanimous vote, may contract for goods or services with an interested officer of the governmental unit in any of the following cases. Subd. 2. In the designation of a bank or savings association in which the officer is interested as an authorized depository for public funds and as a source of borrowing, no restriction shall apply to the deposit or borrowing of any funds or the designation of a depository by such authority or governmental unit in any bank or savings associa- tion in which a member of an authority or officer of a governmental unit shall have an interest if such deposited funds are protected in accordance with chapter 118; provided, however, that any member or officer having such an interest shall disclose that the member is a director or employee of the bank or savings association, which disclosure shall be entered upon the minutes of the authority or governmental unit, such disclo- sure shall be made when such bank or savings association is first designated as a deposi- tory or as a Source of borrowing, or when such member or officer is elected whichever is later, and such disclosure shall serve as notice of such interest and need not be made with each successive transaction; Subd. 3. The designation of an official newspaper, or publication of official matters therein, in which the officer is interested when it is the only newspaper complying with statutory or charter requirements relating to the designation or publication; Subd. 4. A contract with a cooperative association of which the officer is a share- holder or stockholder but not an officer or manager; Subd. 5. A contract for which competitive bids are not required by law. Subd. 6. A contract with a volunteer fire department for the payment of compensa- tion to its members or for the payment of retirement benefits to these members; Subd. 7. A contract with a municipal band for the payment of compensation to its members; Subd. 8. [Repealed, 1992 c 380 s 8] Subd. 9. When a port authority commissioner or economic development autho~ty commissioner is engaged in or employed by a firm engaged in the business of import 109 or exporting or general trade, it shall be lawful for the authority to do business with the