as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/31/2005 |
A bill for an act
relating to capital improvements; authorizing the
issuance of state bonds; appropriating money for
acquisition of the Big Island Veterans Camp.
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 employment and economic development for a
grant to the city of Orono to acquire the Big Island Veterans
Camp in Lake Minnetonka. Minnesota Statutes, section 197.133,
applies to this appropriation.
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The appropriation is not available until the commissioner
of finance determines that $3,000,000 has been committed to the
project from nonstate sources.
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To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance 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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Sections 1 and 2 are effective the day following final
enactment.
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