HF 2371

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing bonds 
  1.3             and appropriating money for construction of dikes in 
  1.4             the cities of East Grand Forks and Warren. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      (a) $16,000,000 is appropriated from the bond proceeds fund 
  1.8   to the commissioner of natural resources for a grant to the city 
  1.9   of East Grand Forks for dike construction. 
  1.10     (b) $1,500,000 is appropriated from the bond proceeds fund 
  1.11  to the commissioner of natural resources for a grant to the city 
  1.12  of Warren for dike construction. 
  1.13     (c) The appropriations in this section do not require local 
  1.14  matching funds. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated by section 1 from the 
  1.17  state bond proceeds fund, the commissioner of finance, on 
  1.18  request of the governor, shall sell and issue bonds of the state 
  1.19  in an amount up to $17,500,000 in the manner, upon the terms, 
  1.20  and with the effect prescribed by Minnesota Statutes, sections 
  1.21  16A.631 to 16A.675, and by the Minnesota Constitution, article 
  1.22  XI, sections 4 to 7. 
  1.23     Sec. 3.  [EFFECTIVE DATE.] 
  1.24     Sections 1 and 2 are effective the day following final 
  1.25  enactment.