110A.29 CONTRACTS FOR PUBLIC WORKS, BUILDINGS, MATERIALS. Subdivision 1. Cost estimate. Before a district shall enter into a contract for the construction, alteration, extension, or improvement of works, or any part or section thereof, or a building for the use of the district, or for the purchase of materials, machinery, or apparatus, the district shall […]
110A.30 DEBT. (a) The district may borrow money and incur indebtedness by issuing its obligations or entering into contracts for any lawful corporate purpose; provided that all such obligations and contracts, whether express or implied, shall be payable solely: (1) from revenues, income, receipts and profits derived by the district from its operation and management […]
110A.31 SERVICE CHARGES. Subdivision 1. Water charge. The directors of the district are authorized to agree with the holders of district obligations as to the maximum or minimum amounts which the district shall charge and collect for water sold by the district. Subd. 2. Authority to set prices and make contracts. The directors of the […]
110A.32 DISBURSEMENTS; FISCAL YEAR; AUDITS. Subdivision 1. Approval requirements. Money of the district shall be paid only upon approval of the board of directors and by warrant or other instrument in writing signed by the president and by the treasurer of the district. In case of the death, absence, or other disqualification of the president, […]
110A.33 WORKS; OWNERSHIP; SALE. Subdivision 1. Disposition requirements. No water supply works owned by the district shall be sold, alienated, or mortgaged by the district, except under the circumstances described by this section. Subd. 2. Board resolution; special election. If in the judgment of the board of directors it is for the best interest of […]
110A.34 FORECLOSURE. If any district created under sections 110A.01 to 110A.36 shall execute and deliver a mortgage or trust deed to secure the payment of any money borrowed by it for the purposes herein authorized, it may be provided in the mortgage or trust deed that it may be foreclosed upon default and a receiver […]
110A.35 DISSOLUTION. Subdivision 1. Dissolution requirements. Any district may be dissolved by authorization of a majority vote of the electors, qualified to vote for district directors, voting thereon at a special election called by the board of directors for that purpose, notice of which shall be mailed to each qualified elector at least 20 days […]
