5.12. SR 06-03-1996 - Laserfiche WebLink

Home Browse Search

429.091 LOCAL IMPROVEMENTS, SPECIAL ASSESSMENTS 660 unless at least 20 percent of the costs of each such improvement is to be assessed against benefited 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 system 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 revolving 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 assessments 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 account as the council or an officer designated by the council may determine, having due regard for anticipated collections of special assessments and net revenues from improvements or waterworks, sewer systems, or storm sewer sys- tems financed in whole or in part from the construction account, and taxes levied for the payment of the obligations. The council may issue obligations that are payable pri- marily 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 incurred in making the improvement or improvements or in constructing the waterworks, sewer 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 revenues estimated to be available for their payment are estimated to be at least 20 percent of the principal amount of the obligations, the obligations may be issued without an elec- tion and shall not be included in determining the net indebtedness of the municipality under the provisions of any law limiting net indebtedness. Subd. 8. Federal volume limitation act. Sections 474A.01 to 474A.21 apply to any issuance of obligations under this section which are subject to limitation under a federal volume limitation act as defined in section 474A.02, subdivision 9, or existing federal tax law as defined in section 474A.02, subdivision 8. History: 1953 c 398 s 9; 1955 c 811 s 3-5; 1957 c 385 s 1; 1965 c 877 s 5; 1976 c 324 s 19-21; 1981 c 171 s 1-4; 1984 c 548 s 6; 1984 c 582 s 5,6,23; 1984 c 591 s 4,5; 1984 c 633 s 4; 1Sp1985 c 14 art 8 s 63; 1986 c 465 art 1 s 3; 1987 c 344 s 4,5; 1992 c 545 art 2s4 429.10 [Repealed, 1953 c 398 s 13] 429.101 SERVICE CHARGES, A SPECIAL ASSESSMENT AGAINST BENE- FITED PROPERTY. Subdivision 1. Ordinances. In addition to any other method authorized by law or charter, the governing body of any municipality may provide for the collection of unpaid special charges for all or any part of the cost of (a) snow, ice, or rubbish removal from sidewalks, (b) weed elimination from streets or private property, (c) removal or elimination of public health or safety hazards from private prop- erty, excluding any structure included under the provisions of sections 463.15 to 463.26, (d) installation or repair of water service lines, street sprinkling or other dust treat- ment of streets, (e) the trimming and care of trees and the removal of unsound trees from any street, (f) the treatment and removal of insect infested or diseased trees on private prop- erty, the repair of sidewalks and alleys, (g) the operation of a street lighting system, or (h) the operation and maintenance of a fire protection or a pedestrian skyway sys- tem, 661 as nance includ: upon t street 5 or the, and fo due be St5 sion l as the 429.08 in subc to deft and as. shall a (~ ance; (2 exceed (3 vices r charge fund. H si; 19 c 444 429.11 429.11 A teror~ ment: chaptt H 429.12 429.18 429.1~ 429.2( 429.21 429.31 429.3~