as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 02/16/2007 |
A bill for an act
relating to capital investment; appropriating money for land acquisition for Fond
du Lac Technical and Community College by Minnesota State Colleges and
Universities; authorizing the issuance of general obligation bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,800,000 is appropriated from the bond proceeds fund to the Board of Trustees
of the Minnesota State Colleges and Universities to purchase from willing sellers
approximately 3.9 acres in six residential properties adjacent to the Fond du Lac Technical
and Community College.
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To provide the money appropriated by section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$1,800,000 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.
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Sections 1 and 2 are effective the day following final enactment.
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