HF 565

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing the 
  1.3             issuance of state bonds; appropriating money for a 
  1.4             center for agricultural innovation in the city of 
  1.5             Olivia. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $....... is appropriated from the bond proceeds fund to the 
  1.9   city of Olivia to establish a center for agricultural innovation 
  1.10  to promote agricultural seed innovation by providing a place for 
  1.11  experts to gather and study seed technology.  
  1.12     The appropriation is not available until the commissioner 
  1.13  determines that $....... has been committed to the project from 
  1.14  nonstate sources. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated in this act from the bond 
  1.17  proceeds fund, the commissioner of finance, on request of the 
  1.18  governor, shall sell and issue bonds of the state in an amount 
  1.19  up to $....... in the manner, upon the terms, and with the 
  1.20  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.21  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.22  4 to 7. 
  1.23     Sec. 3.  [EFFECTIVE DATE.] 
  1.24     Sections 1 and 2 are effective the day following final 
  1.25  enactment.