SF 1203

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; appropriating money for a museum in the city
of Winnebago; authorizing the issuance and sale of state bonds.

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

Section 1. new text begin APPROPRIATION; CITY OF WINNEBAGO MUSEUM.
new text end

new text begin $150,000 is appropriated from the bond proceeds fund to the commissioner of
employment and economic development for a grant to the city of Winnebago to furnish
and equip a museum to house and display Native American artifacts and other items of
regional and statewide significance, subject to Minnesota Statutes, section 16A.695. This
appropriation is not available until the commissioner of finance determines that at least an
equal amount has been committed to the project from nonstate sources.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to $150,000
in the manner, on 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.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end