as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:37am
A bill for an act
relating to capital investment; authorizing the sale of state bonds; appropriating
money for pavement overlay on the Dassel-Cokato bicycle trail.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$122,000 is appropriated from the bond proceeds
fund to the commissioner of education for a grant to Independent School District No. 466,
Dassel-Cokato, for a pavement overlay on the existing Dassel-Cokato bicycle trail.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $122,000 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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