as introduced - 87th Legislature (2011 - 2012) Posted on 01/26/2012 02:27pm
Engrossments | ||
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Introduction | Posted on 01/26/2012 |
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:
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$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.
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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.
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This section is effective the day following final enactment.
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