Capital funding information
STATUTES RELATED TO CAPITAL FUNDING
Minn. Stat. 16A.502 - Nonstate Commitments to Capital Projects
If an appropriation or grant for a capital project or project phase is not sufficient, by itself, to complete the project or project phase, the appropriation or grant is not available until the commissioner has determined that the commitment is sufficient.
Minn. Stat. 16A.641 - State Bonds; Appropriations
Issuance and sale of bonds, taxability, appropriation of proceeds and special account appropriations
Minn. Stat. 16A.642 - State Bonds: Reports; Cancellations
Bond Reports, Bond Cancellation, Application of unused bond proceeds.
Minn. Stat. 16A.695 - State Bond Financed Property
Definitions used for bond financed property, leases and management contracts, sale of bond financed property, program funding, match requirements, ground leases, general applicability, grant agreement.
Minn. Stat. 16A.86 - Capital Project Grants to Political Subdivisions
Capital budget request, state share of project funding.
Minn. Stat. 357.182 - County Fees and Recording Standards for Recording of Real Estate Documents
Application, fee restrictions, compliance, temporary suspension and certification of recording requirements, use of recording fees.
Minn. Stat. 394.35 - Recording with County Recorder
County Auditor shall record a certified copy of the adoption of an ordinance or other official control including maps or charts.
Minn. Stat. 412.201 Execution of Instruments
Mayor and Clerk must execute agreements on behalf of the city.
CAPITAL FUNDING RESOURCES
MMB Capital Grants Manual
Guide describing what grantees need to do to receive state capital grant payments
State of Minnesota Bond Fact Sheet
Differences between General Obligation Bonds, Revenue Bonds and Appropriation Bonds
MMB After The Bonding Bill Memo (2014)
Explains how Capital funding recipients may spend bond appropriations from the Laws of 2014, Chapter 294.
MMB Fourth Order Amending Order of Commissioner of Finance Relating to Use and Sale of State Bond Financed Property
Policies and Procedures for the Sale of State Bond Financed Property
MMB GO Bond Checklist
Includes checklists for the Sale of G.O. Property, Ground Leases and Easements, and Use Agreements
Bond Counsel Opinion: Expenditures Eligible for State General Obligation Bond Financing (1989)
Legal Opinion for the issuance of Public Debt in Article XI of the Minnesota Constitution
Bond Counsel Opinion: Use of Bond Proceeds to Make Tax Equivalent Payments (1994)
Legal Opinion on the Use of State Bond Proceeds to Make Tax Equivalent Payments
1/3/17 Internal Memo RE: Minn. Stat. § s §§-- Applicability to Grant Contracts.
MMB Tax-Exempt Governmental Obligations and Tax Credit Bonds Tax Compliance Policies and Procedures (2012)
Policy to insure compliance with Internal Revenue Code of 1986
Pre-Design Manual
Pre-Design Manual for Capital Budget Projects 6th Edition-November 2015 (Pg. 4-14, 33-40, 42-54)