as introduced - 87th Legislature (2011 - 2012) Posted on 04/06/2011 08:44am
A bill for an act
relating to capital investment; appropriating money for the Beacon Bluff
Business Center; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,300,000 is appropriated from the bond proceeds
fund to the St. Paul Port Authority for preliminary design, engineering, final design, and
improvements and betterments of a capital nature, including utilities, all within the Beacon
Bluff Business Center along Phalen Boulevard in St. Paul.
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To provide the money appropriated in subdivision 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 $2,300,000 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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