HF 1106

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:43am

A bill for an act
relating to public finance; providing the St. Paul Port Authority application
fee credit toward a future bond sale.

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

Section 1. new text begin ST. PAUL PORT AUTHORITY CREDIT.
new text end

new text begin Notwithstanding Minnesota Statutes, section 474A.061, subdivision 4, the
commissioner of finance shall apply the $31,800 deposit paid in 2008 for a proposed issue
of $1,590,000 in tax exempt bonds by the St. Paul Port Authority for District Cooling
St. Paul, Inc. to an application for an allocation of tax exempt bonds by the St. Paul Port
Authority for the same project.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment
and expires January 1, 2011.
new text end