as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:58am
Engrossments | ||
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Introduction | Posted on 03/24/2009 |
A bill for an act
relating to capital improvements; appropriating money for green industrial parks;
authorizing sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$....... is appropriated from the bond proceeds fund to the commissioner of
commerce for grants to greater Minnesota municipalities to create green industrial
parks, which may include the reuse of brownfields or old infrastructure near transit
and workforce to minimize carbon emissions, to create green business clusters, and to
establish carbon-neutral business parks.
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The appropriation is not available until the commissioner determines that $....... has
been committed to the project from nonstate sources.
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To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to $....... 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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