Minnesota Legislature
HF 1773
as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:54am
Current Version - as introduced
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A bill for an act
relating to capital improvements; appropriating money for Spring Lake Regional
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 APPROPRIATION.
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$3,000,000 is appropriated from the bond proceeds fund to the commissioner of
natural resources for a grant to Scott County for the development of Spring Lake Regional
Park under Minnesota Statutes, section 85.019, subdivision 2.
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Sec. 2. new text begin BOND SALE.
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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
$3,000,000 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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Sec. 3. new text begin EFFECTIVE DATE.
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Sections 1 and 2 are effective the day following final enactment.
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