HF 2580

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 spending 
  1.3             to acquire and to better public land and buildings and 
  1.4             other public improvements of a capital nature; 
  1.5             appropriating money for a grant to the Upper Minnesota 
  1.6             Valley Regional Development Commission. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  [APPROPRIATION.] 
  1.9      $4,249,000 is appropriated from the bond proceeds fund to 
  1.10  the commissioner of administration for a grant to the Upper 
  1.11  Minnesota Valley Regional Development Commission for the 
  1.12  Minnesota River Tourism Initiative serving six rural Minnesota 
  1.13  counties and multiple communities in west central Minnesota.  
  1.14  The grant may be used for acquisition, design, and development 
  1.15  of three staffed and seven unstaffed regional tourism centers, 
  1.16  subject to the requirements of Minnesota Statutes, section 
  1.17  16A.695. 
  1.18     Sec. 2.  [BOND SALE.] 
  1.19     To provide the money appropriated in section 1 from the 
  1.20  bond proceeds fund, the commissioner of finance, on request of 
  1.21  the governor, shall sell and issue bonds of the state in an 
  1.22  amount up to $4,249,000 in the manner, on the terms, and with 
  1.23  the effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.24  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.25  4 to 7. 
  1.26     Sec. 3.  [EFFECTIVE DATE.] 
  2.1      Sections 1 and 2 are effective the day following final 
  2.2   enactment.