HF 1048

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital investment; authorizing spending
to acquire and better public land and buildings and
public improvements of a capital nature with
conditions; appropriating money to the commissioner of
corrections to acquire property for a challenge
incarceration program; authorizing the issuance of
general obligation bonds.

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

Section 1. new text begin APPROPRIATION; CORRECTIONS; EXERCISE PURCHASE
OPTION; NEW CHALLENGE INCARCERATION PROGRAM.
new text end

new text begin $200,000 is appropriated from the bond proceeds fund to the
commissioner of corrections to acquire approximately 81 acres,
including any improvements, located in Wilma Township in Pine
County, as provided in Laws 1981, chapter 354, section 1, as
amended by Laws 1988, chapter 407, sections 1 and 2. The
property acquired is for use as a challenge incarceration
program.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the
bond proceeds fund, the commissioner of finance shall sell and
issue bonds of the state in an amount up to $200,000 in the
manner, on 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

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final
enactment.
new text end