as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
|Introduction||Posted on 02/12/2004|
1.1 A bill for an act 1.2 relating to capital investment; providing a grant to 1.3 the Perpich Center for Arts Education; authorizing the 1.4 sale of state bonds; appropriating money. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [APPROPRIATION.] 1.7 $3,600,000 is appropriated from the bond proceeds fund to 1.8 the commissioner of education for a grant to the Perpich Center 1.9 for Arts Education for asset preservation, Beta Building 1.10 demolition, Alpha Building renovation, and dormitory renovation. 1.11 Sec. 2. [BOND SALE.] 1.12 To provide the money appropriated in section 1 from the 1.13 bond proceeds fund, the commissioner of finance shall sell and 1.14 issue bonds of the state in an amount up to $3,600,000 in the 1.15 manner, upon the terms, and with the effect prescribed by 1.16 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.17 Minnesota Constitution, article XI, sections 4 to 7. 1.18 Sec. 3. [EFFECTIVE DATE.] 1.19 This act is effective the day following final enactment.