HF 2858

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act
  1.2             relating to economic development; authorizing the sale 
  1.3             of state bonds; appropriating money for a grant to the 
  1.4             Lac Qui Parle-Yellow Bank watershed district to design 
  1.5             and construct the Prairie Farm Preservation Education 
  1.6             and Exhibit Center. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  [APPROPRIATION.] 
  1.9      $1,500,000 is appropriated from the bond proceeds fund to 
  1.10  the board of water and soil resources for a grant to the Lac Qui 
  1.11  Parle-Yellow Bank watershed district to acquire, design, 
  1.12  construct, furnish, and equip the Prairie Farm Preservation 
  1.13  Education and Exhibit Center. 
  1.14     Sec. 2.  [BOND SALE.] 
  1.15     To provide the money appropriated in section 1 from the 
  1.16  bond proceeds fund, the commissioner of finance shall sell and 
  1.17  issue bonds of the state in an amount up to $1,500,000 in the 
  1.18  manner, on the terms, and with the effect prescribed by 
  1.19  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.20  Minnesota Constitution, article XI, sections 4 to 7.