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　　123B.55 Debt service levy.

　　A district may levy the amounts necessary to make payments

　　for bonds issued and for interest on them, including the bonds

　　and interest on them, issued as authorized by Minnesota Statutes

　　1974, section 275.125, subdivision 3, clause (7)(C); and the

　　amounts necessary for repayment of debt service loans and

　　capital loans, minus the amount of debt service equalization

　　revenue of the district.

　　HIST: 1991 c 265 art 5 s 10; 1998 c 397 art 7 s 124,164