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HF 2921

as introduced - 87th Legislature (2011 - 2012) Posted on 03/19/2012 12:54pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.16

A bill for an act
relating to capital investment; appropriating money for a regional public
television station in Bemidji; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin REGIONAL PUBLIC TELEVISION STATION, BEMIDJI.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,000,000 is appropriated from the bond proceeds
fund to the commissioner of administration for a grant to the city of Bemidji to construct,
furnish, and equip a regional public television station in the city of Bemidji. This
appropriation is not available until the commissioner determines that a 25 percent match
has been committed to the project from nonstate sources.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. 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 $3,000,000 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.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end