Minnesota Statutes 383B.218 – Bonding Authority; Hennepin County Medical Building
Current as of: 2023 | Check for updates
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Hennepin County may issue and sell not more than $16,000,000 of general obligation bonds to finance or refinance the construction and purchase of the Hennepin County Health Services Building. Issuance of the obligations is not subject to the election requirements of section 475.58. The obligations issued under this section and the property taxes levied to pay the obligations must be included in calculation of Hennepin County’s bond and building fund levy limitations under section 373.40.
Terms Used In Minnesota Statutes 383B.218
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.