as introduced - 89th Legislature (2015 - 2016) Posted on 05/01/2015 09:09am
A bill for an act
relating to capital investment; appropriating money for a county public works
building in Owatonna; authorizing the issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$4,600,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to Steele
County to design, construct, furnish, and equip a public works building on the existing site
of the county's existing public works building in Owatonna.
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To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $4,600,000 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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