N.D. Cent. Code § 11-28-05.1

11-28-05.1. Board of county park commissioners authorized to collect user fees and

issue evidences of indebtedness in anticipation of user fee revenues.

1. A board of county park commissioners may prescribe and collect user fees for facilities

or activities furnished by the county and in anticipation of the collection of such

revenues may issue evidences of indebtedness for the purpose of acquiring,

constructing, improving, and equipping parks and park and recreational buildings and

facilities, and for the purpose of acquiring land for those purposes.

2. Evidences of indebtedness issued under this section are payable, as to principal and

interest, solely from all or part of the revenues referred to in this section and pledged

for such payment.

3. Notwithstanding any other provision of law, evidences of indebtedness issued under

this section are fully negotiable, do not constitute an indebtedness within the meaning

of any constitutional or statutory debt limitation or restriction, and together with interest

thereon and income therefrom, are not subject to taxation by the state of North Dakota

or any political subdivision of the state.

4. Evidences of indebtedness issued under this section must be authorized by resolution

of the board of county park commissioners and, notwithstanding any other provision of

law, may be issued and sold in such manner and amounts, at such times, in such

form, and upon such terms, bearing interest at such rate or rates, as may be

determined in the resolution.