HF 1990

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing state 
  1.3             bonds; appropriating money for the East Phillips 
  1.4             Cultural and Community Center. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $3,500,000 is appropriated from the bond proceeds fund to 
  1.8   the commissioner of employment and economic development to make 
  1.9   a grant to the Minneapolis Park and Recreation Board to design, 
  1.10  construct, furnish, and equip a new cultural and community 
  1.11  center in the East Phillips neighborhood in Minneapolis. 
  1.12     Sec. 2.  [BOND SALE.] 
  1.13     To provide the money appropriated by section 1 from the 
  1.14  bond proceeds fund, the commissioner of finance shall sell and 
  1.15  issue bonds of the state in an amount up to $3,500,000 in the 
  1.16  manner, on the terms, and with the effect prescribed by 
  1.17  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.18  Minnesota Constitution, article XI, sections 4 to 7.  
  1.19     Sec. 3.  [EFFECTIVE DATE.] 
  1.20     This act is effective the day following final enactment.