as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:04am
A bill for an act
relating to capital investment; authorizing spending to acquire and better public
land and buildings and other improvements of a capital nature; authorizing the
sale and issuance of state bonds; appropriating money for city of Blooming
Prairie sewer improvements.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,021,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Blooming Prairie to predesign, design, construct, and equip the Third Street North
sanitary and storm sewer improvements. This appropriation is not available until the
commissioner of management and budget determines that at least an equal amount has
been committed to the project from nonstate sources.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $1,021,000 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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