HF 1689

as introduced - 88th Legislature (2013 - 2014) Posted on 04/04/2013 01:23pm

A bill for an act
relating to capital improvements; appropriating money for development of Lake
Vermilion State Park and the Soudan Underground Mine State Park; authorizing
the sale and issuance of state bonds.

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

Section 1. new text begin LAKE VERMILION STATE PARK AND SOUDAN UNDERGROUND
MINE STATE PARK.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $....... is appropriated from the bond proceeds
fund to the commissioner of natural resources for development of the Lake Vermilion
State Park and the Soudan Underground Mine State Park, as provided for in Minnesota
Statutes, section 85.012.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $....... 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 EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end