HF 1835

as introduced - 88th Legislature (2013 - 2014) Posted on 05/15/2013 09:26am

A bill for an act
relating to capital investment; appropriating money for spillway of Lake Byllesby
Dam on the Cannon River; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin LAKE BYLLESBY DAM SPILLWAY ON CANNON RIVER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,100,000 is appropriated from the bond
proceeds fund to the commissioner of natural resources for a grant to Dakota County for
construction of improvements for upgrading the spillway capacity of Lake Byllesby Dam
on the Cannon River in Dakota and Goodhue Counties.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $1,100,000 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.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end