as introduced - 87th Legislature (2011 - 2012) Posted on 02/22/2012 02:44pm
Engrossments | ||
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Introduction | Posted on 02/22/2012 |
A bill for an act
relating to capital investment; appropriating money for renovation of the historic
Masonic Temple at the Hennepin Center for the Arts, in Minneapolis; authorizing
the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$3,000,000 is appropriated from the bond proceeds
fund to the commissioner of economic development for a grant to the city of Minneapolis
for improvements and betterments of a capital nature to renovate the historic Masonic
Temple at the Hennepin Center for the Arts, in Minneapolis, subject to Minnesota
Statutes, section 16A.695.
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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 $3,000,000 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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