as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:03am
A bill for an act
relating to capital improvements; appropriating money for utility and street
improvements in the city of Wadena; authorizing the issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$....... is appropriated from the bond proceeds fund to the Public Facilities Authority
for a grant to the city of Wadena for improvements to the city underground utilities for
water and sewer, and for city street improvements. No nonstate match is required for
this appropriation.
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To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of finance 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.
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This act is effective the day following final enactment.
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