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SF 2223

as introduced - 89th Legislature (2015 - 2016) Posted on 05/19/2015 02:21pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to capital investment; appropriating money for improvements at Historic
Fort Snelling; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. HISTORIC FORT SNELLING.

Subdivision 1.

Appropriation.

$34,400,000 is appropriated from the bond proceeds
fund to the Minnesota Historical Society to predesign, design, renovate, construct,
furnish, and equip facilities to support visitor services and history programs at Historic
Fort Snelling.

Subd. 2.

Bond sale.

To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $34,400,000 in the manner, upon the terms, and with
the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
Minnesota Constitution, article XI, sections 4 to 7.

EFFECTIVE DATE.

This section is effective the day following final enactment.