453.51 INTENT. Sections 453.51 to 453.62 are intended to provide a means for those Minnesota cities which now or hereafter own and operate a utility pursuant to law for the local distribution of electric energy to secure, by individual or joint action among themselves or by contract with other public or private entities within or […]
453.52 DEFINITIONS. Subdivision 1. Application. The terms defined in this section have the following meanings whenever used in sections 453.51 to 453.62 unless the context requires otherwise. Subd. 2. Agency agreement. “Agency agreement” means the written agreement between or among two or more cities or existing municipal power agencies establishing a municipal power agency. Subd. […]
453.53 MUNICIPAL POWER AGENCIES; INCORPORATION. Subdivision 1. Two or more cities or existing municipal power agencies; resolution. (a) Any two or more cities or existing municipal power agencies may form a municipal power agency by the execution of an agency agreement authorized by a resolution of the governing body of each city or municipal power […]
453.54 MUNICIPAL POWER AGENCIES; POWERS. Subdivision 1. Listed here; essential; sovereign. A municipal power agency shall have all of the powers enumerated in this section, in furtherance of the purpose stated in section 453.51, and in the exercise thereof shall be deemed to be performing an essential governmental function and exercising a part of the […]
453.55 BONDS AND NOTES FOR ANY CORPORATE PURPOSE. Subdivision 1. In necessary amounts. A municipal power agency may from time to time issue its bonds or notes in such principal amounts as the municipal power agency shall deem necessary to provide sufficient funds to carry out any of its corporate purposes and powers, including but […]
453.56 EMINENT DOMAIN. Except as otherwise provided by this section, a municipal power agency may acquire all real or personal property that it deems necessary for carrying out the purposes of sections 453.51 to 453.62, whether in fee simple absolute or a lesser interest, by condemnation and the exercise of the power of eminent domain […]
453.57 RULES AND RATES. A municipal power agency may make and enforce bylaws or rules which it deems necessary or desirable, and may establish, levy, and collect or may authorize, by contract, franchise, lease, or otherwise, the establishment, levying, and collection of, rents, rates, and other charges for the services afforded by the municipal power […]
453.58 CITY POWERS. Subdivision 1. By resolution; no incorporation. A city may by resolution of its governing body exercise any of the powers granted in sections 453.51 to 453.62 to a municipal power agency, upon fulfillment of the conditions provided in sections 453.51 to 453.62 for the exercise of any such power, but without complying […]
453.59 CONSTRUCTION CONTRACTS. A city or municipal power agency may contract for the planning, acquisition, construction, reconstruction, operation, maintenance, repair, extension, and improvement of generation and transmission facilities outside of its corporate limits or those of its members, or may contract with other public or private owners of these facilities to perform these functions, without […]
453.60 AUTHORIZED INVESTMENTS; SECURITY FOR PUBLIC DEPOSITS. Notwithstanding any other law to the contrary, the state of Minnesota and all its public officers, governmental units, agencies and instrumentalities, all banks, trust companies, savings banks and institutions, savings associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations and other […]
453.61 EMPLOYEES, DEFINITION. Employees of a municipal power agency shall be “public employees” within the meaning of section 353.01, and the provisions of chapter 353 shall apply to employees of a municipal power agency. History: 1976 c 313 s 11
453.62 CONSTRUCTION. Subdivision 1. Liberally, broadly. Sections 453.51 to 453.62 shall be construed liberally to effectuate its legislative intent and purpose, as complete and independent authority for the performance of each and every act and thing authorized by sections 453.51 to 453.62, and all authority granted shall be broadly interpreted to effectuate this intent and […]
