HF 2725

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 Capitol campus security
upgrades; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. ADMINISTRATION; CAPITOL CAMPUS SECURITY UPGRADES.

Subdivision 1.

Appropriation.

$1,920,000 is appropriated from the bond proceeds
fund to the commissioner of administration to implement the highest priority Capitol
campus security improvements, as identified in the 2006 vulnerability assessments of
the Capitol complex conducted by the Minnesota National Guard, and the Legislative
Auditor's 2009 report on the need for greater security in the Capitol complex.

Subd. 2.

Bond sale.

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 $1,920,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.