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475.58 OBLIGATIONS; ELECTIONS TO DETERMINE ISSUE. Subdivision 1. Approval by electors; exceptions. Obligations authorized by law or charter may be issued by any municipality upon obtaining the approval of a majority of the electors voting on the question of issuing the obligations, but an election shall not be required to authorize obligations issued: (1) to pay any unpaid judgment against the municipality; (2) for refunding obligations; (3) for an improvement or improvement program, which obligation is payable wholly or partly from the proceeds of special assessments levied upon property specially benefited by the improvement or by an improvement within the improvement program, or from tax increments, as defined in section 469.174, subdivision 25, including obligations which are the general obligations of the municipality, if the municipality is entitled to reimbursement in whole or in part from the proceeds of such special assessments or tax increments and not less than 20 percent of the cost of the improvement or the improvement program is to be assessed against benefited property or is to be paid from the proceeds of federal grant funds or a combination thereof, or is estimated to be received from tax increments; (4) payable wholly from the income of revenue producing conveniences; (5) under the provisions of a home rule charter which permits the issuance of obligations of the municipality without election; (6) under the provisions of a law which permits the issuance of obligations of a municipality without an election; (7) to fund pension or retirement fund liabilities of a municipality pursuant to section 475.52, subdivision 6; (8) under a capital improvement plan under section 373.40; (9) under sections 469.1813 to 469.1815 (property tax abatement authority bonds), if the proceeds of the bonds are not used for a purpose prohibited under section 469.176, subdivision 4g, paragraph (b); (10) to fund postemployment benefit liabilities pursuant to section 475.52, subdivision 6, of a municipality, other than a school district, if the liabilities are limited to: (i) satisfying the requirements of section 471.61, subdivision 2b; and (ii) other postemployment benefits, which the municipality no longer provides to employees hired after a date before the obligations are issued; and (11) under section 475.755. Subd. 1a. Resubmission limitation. If the electors do not approve the issuing of obligations at an election required by subdivision 1, the question of authorizing the obligations for the same purpose and in the same amount may not be submitted to the electors within a period of 180 days from the date the election was held. If the question of authorizing the obligations for the same purpose and in the same amount is not approved a second time it may not be submitted to the electors within a period of one year after the second election. Subd. 2. Funding, refunding. Any county, city, town, or school district whose outstanding gross debt, including all items referred to in section 475.51, subdivision 4, exceed in amount 1.62 percent of its estimated market value may issue bonds under this subdivision for the purpose of funding or refunding such indebtedness Copyright © 2016 by the Revisor of Statutes, State of Minnesota. All Rights Reserved. 475.58MINNESOTA STATUTES 20161