as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:31pm
A bill for an act
relating to capital investment; appropriating money for Tower Road Bridge in
Fergus Falls; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$1,800,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of Fergus Falls to construct or reconstruct Tower Road in Fergus Falls from its intersection
with County State Aid Road 1 and marked Interstate Highway 94 to its intersection with
Municipal State Aid Street 109, including a new bridge over the Pisgah Reservoir.
new text end
new text begin
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 $1,800,000 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.
new text end
new text begin
This section is effective the day following final enactment.
new text end