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23 ,2 (gT The; 'oir awers beard or any re riuntt railroad - author t y wholly within the <br />22.9 metropolitan trnnsQartattion area also may authorize, i4sue and sell its bonds, notes or <br />72,1 other obligations for the cases unci in accordance with the; procedures, yet Furth in <br />42,$ section 393A.0 to hind arants as arnvicded in subdivision 6, The bones ()ran re Tional <br />;a railroad authority may be limited obli titans <br />;a , a levied under this section, A re ' - at • _ ad authority may also pledge its taxing pavers <br />2a, <br />as additional security for the bonds. <br />23,20 Subd, 3. Allocation of revenues. Ater the de±cluctic3ns allowed in section 297A,99 <br />22.22 subdivision l 1 the co 1 issioner of revenue 311411l remit 1e proceeds ot'the taxe imposed <br />22.22 u der this section on a month] basis as directed by the 'dint powers board under this <br />13.22 <br />22.49 <br />23,25 <br />23.14 <br />21.27 <br />21..18 <br />23.29 <br />21.29 <br />23.21 <br />21.12 <br />22.33 <br />22,44 <br />23, 25 <br />»3.2d <br />23 .27 <br />;73.0 <br />23..70 <br />23.11 <br />25.22 <br />22.33 <br />23.34 <br />23,35 <br />sect ;ion, <br />Subd . '). Administration, collection, enforcement. Except as otherwise provided <br />in this section the provisions of section 297A,99 subdivisions 4 and 6 to l2a crovern the <br />administration, collection, and enforcement of the tax authorized under this section. <br />Subd. 10. Termination of taxes. (a) The taxes imposed under section 297A.99, <br />subdivision 1 b a coup that withdraws from the 'pint ewers a. regiment ursuant to <br />3 shall terminate when the coup has 'atistied its <br />Lions en red into <br />bonds ar obli <br />T' <br />ortion as <br />subdivision 3 clause <br />defined in the joint powers agreement, of all ou atandin <br />while the county was a member of'the agreement, <br />(b) If the joint . ewers a T'ee tent under subdivision 3 is terminated the taxes <br />irrt.osewcl . under section 297A.99 'subdivision 1 at the time of the a "rem e;nt termination <br />•will terminate when all outstandin bond: or obli rations are sati fled, The auditors o the <br />counties in which the taxes are iin csed shall see to the adrni 'stration of this arm raahh. <br />Subcl. 1 1: Report., The 'atilt ower board shall re a nuully by Februa I to the <br />house or re resentatives and senate co.mmittees havirt 1. risd• •Lion over transportation <br />()lie and - finance concernincF the revenues received and • rants awarded. <br />Subd, 12. Grant awards to lY(etropoiitan Council. Any irant award under this <br />section made to, the Mettopolitan Council roust suppleme n. a d must not suRplalrt, <br />operatinncl capital assistance provided by the state. <br />E ' ECTIVE DAT section is effective the day rolluwina firuil enactment <br />except that subdivision 2 is e.ffeetive the first day of a calendar uarter he innin .Tat leagrt <br />e)0 days alter the formation of the 'oint owers board under subdivision 4. This section <br />eex. ices October 2 2003 i f the sales and use tax under subdivision 2 has not been imposed. <br />