as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:32pm
A bill for an act
relating to capital investment; appropriating money for Chanhassen to stabilize
the Bluff Creek ravine; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$77,900 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of Chanhassen to stabilize an
eroded intermittent stream tributary to Bluff Creek. This appropriation is not available
until the council determines that at least an equal amount has been committed to the
project from nonstate sources.
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 $77,900 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