HF 2767

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; appropriating money 
  1.3             to improve the Fair Ridge trail in Renville county; 
  1.4             authorizing state bonds. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [FAIR RIDGE TRAIL.] 
  1.7      $250,000 is appropriated from the bond proceeds fund to the 
  1.8   commissioner of trade and economic development for a grant to 
  1.9   the city of Fairfax in Renville county to improve the Fair Ridge 
  1.10  trail.  This appropriation is available to the extent matched by 
  1.11  an equal amount of local money. 
  1.12     Sec. 2.  [BOND SALE.] 
  1.13     To provide the money appropriated in this act from the bond 
  1.14  proceeds fund, the commissioner of finance, on request of the 
  1.15  governor, shall sell and issue bonds of the state in an amount 
  1.16  up to $250,000 in the manner, upon the terms, and with the 
  1.17  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.18  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.19  4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     This act is effective the day following its final enactment.