1.1.................... moves to amend H.F. No. 2669 as follows:
1.2Page 1, line 15, after "
up to" insert "
an additional"
1.3Page 2, line 1, before "The city" insert "
(a) "
1.4Page 2, after line 8, insert :
1.5"
(b) The city of Baxter, pursuant to the approval of the voters at the 2014 general
1.6election to extend the tax under this section, may issue general obligation bonds of the
1.7city, in one or more series, in the aggregate principal amount not to exceed $32,000,000
1.8plus an amount equal to the costs of issuance of the bonds to finance the projects listed
1.9in subdivision 3, paragraph (b). The debt represented by the bonds is not included in
1.10computing any debt limitations applicable to the city, and the levy of taxes required by
1.11Minnesota Statutes, section 475.61, to pay the principal of and interest on the bonds is not
1.12subject to any levy limitation or included in computing or applying any levy limitation
1.13applicable to the city of Baxter."
1.14Page 2, line 15, after "subdivision 4" insert "
, paragraph (a)"
1.15Page 2, line 24, after "
$32,000,000" insert "
plus an amount equal to interest and
1.16issuance costs associated with bonds issued under subdivision 4, paragraph (b),"
1.17Page 2, line 25, after "
bonds" insert "
and associated bond costs and projects, listed
1.18in subdivision 3, paragraph (a),"
1.19Page 2, line 27, after "
$32,000,000" insert "
plus an amount equal to interest and
1.20issuance costs associated with bonds issued under subdivision 4, paragraph (b), "