as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:52am
A bill for an act
relating to capital improvements; appropriating money for airport and air
navigation facility improvement projects; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$3,700,000 is appropriated from the bond proceeds fund to the commissioner of
transportation for statewide improvement projects at municipal airports, as provided
in this section:
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(1) $2,000,000 is for land acquisition, design, and construction of a surveillance
tower and associated equipment, an emergency backup power system, and a structure to
house equipment in Alexandria; and
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(2) $1,700,000 is for a grant to the city of Bigfork to extend and reconstruct runways.
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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
$3,700,000 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.
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Sections 1 and 2 are effective the day following final enactment.
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