as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 05/18/2007 |
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 issuance of state bonds; appropriating money for highway interchange
improvements in Arden Hills.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$34,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Arden Hills to acquire right-of-way and to predesign, design, and construct public
improvements for the County Road H and marked Interstate Highway 35W interchange
and the County Road 96 and marked Trunk Highway 10 interchange.
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To provide the money appropriated by subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $34,000,000 in the manner, on 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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