as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 02:54pm
A bill for an act
relating to capital investment; appropriating money to renovate a building in
Deer River to function as a multiage center; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,900,000 is appropriated from the bond proceeds
fund to the commissioner of education for a grant to Independent School District No. 317,
to acquire an existing building, to predesign and design the renovation of the building,
and to renovate, furnish, and equip the building for use as a multiage center to provide
early childhood classes, Boys and Girls Club programs, reading and fitness programs for
seniors, and other educational and community programs.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $2,900,000 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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This section is effective the day following final enactment.
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