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STATE OF MINNESOTA <br />I DEPARTMENT OF REVENUE <br /> <br />September 26, 1990 <br /> <br /> Mail Station 3340 <br />St. Paul, Minnesota 55146-3340 <br />(612) 296-3155 <br /> FAX #(612) 297-2166 <br /> <br />Mary Frances Skala <br />Holmes & Graven <br />470 Pillsbury Center <br />Minneapolis, Minnesota 55402 <br /> <br />Dear Ms. Skala: <br /> <br />This is in response to your letter dated September 17, 1990. <br /> <br />A property tax levy by a county or by a levy limit city or town that would be used to make <br />payments under a lease purchase agreement as authorized by M.S. 465.71 (as amended <br />by Laws 1990, Chap. 562, Art. 5, Sec. 12), and which would be used by the political <br />subdivision receiving the lease payments to pay the principal and interest on revenue <br />bonds, would qualify as a special levy under M.S. 275.50, Subd. 5(e) - payments for bonds <br />of another political subdivision. <br /> <br />If you have any questions concerning this letter, please contact me. <br /> <br />Very truly yours, <br /> <br />RICHARD B. GARDNER <br />Research Analyst Supervisor Senior <br />Local Government Services Division <br /> <br />AN EQUAL OPPORTUNITY EMPLOYER <br /> <br /> <br />