as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital investment; appropriating money for a grant to the city of
Darwin for predesign and design of wastewater holding ponds; authorizing the
issuance of general obligation bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$....... is appropriated from the bond proceeds fund to the commissioner of
employment and economic development for a grant to the city of Darwin to predesign and
design the renovation of the city's existing wastewater holding ponds and an additional
holding pond.
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To provide the money appropriated by section 1 from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to $....... 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.
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Sections 1 and 2 are effective the day following final enactment.
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