as introduced - 87th Legislature (2011 - 2012) Posted on 03/14/2011 11:17am
Engrossments | ||
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Introduction | Posted on 03/14/2011 |
A bill for an act
relating to capital improvements; appropriating money for a regional community
facility in Deer River; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$400,000 is appropriated from the bond proceeds fund to the commissioner of
employment and economic development for a grant to the city of Deer River to predesign,
design, construct, furnish, and equip a regional multiuse community facility to be owned
and operated by the city of Deer River.
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To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $400,000 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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