as introduced - 90th Legislature (2017 - 2018) Posted on 03/09/2017 09:15am
A bill for an act
relating to capital investment; appropriating money for demolition of the Eagle
Bend High School; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$....... is appropriated from the bond proceeds fund to
the commissioner of employment and economic development for a grant to Independent
School District No. 786, Bertha-Hewitt, to demolish the Eagle Bend High School building.
This appropriation does not require a nonstate contribution.
new text end
new text begin
To provide the money appropriated in subdivision 1 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
This section is effective the day following final enactment.
new text end