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HF 2049

as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 02:54pm

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

Bill Text Versions

Engrossments
Introduction Posted on 01/13/2014

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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A bill for an act
relating to capital investment; appropriating money for the Myles Reif Center for
the Performing Arts; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MYLES REIF CENTER FOR THE PERFORMING ARTS; GRAND
RAPIDS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,897,000 is appropriated from the bond proceeds
fund to the commissioner of education for a grant to Independent School District No.
318, Grand Rapids, to complete the design of, and to renovate, construct, furnish, and
equip, the Myles Reif Center for the Performing Arts. This appropriation is not available
until the commissioner of management and budget determines that at least $3,347,000 is
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 $3,897,000 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