as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:38am
A bill for an act
relating to capital improvements; appropriating money for Minneapolis parkway
improvements; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$2,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council
for a grant to the city of Minneapolis to purchase, install, and replace lighting fixtures
along the Grand Rounds. This appropriation may also be used to improve the roadway of
the Grand Rounds.
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
$2,000,000 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.
new text end
new text begin
Sections 1 and 2 are effective the day following final enactment.
new text end