HF 2689

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             to the board of trustees of the Minnesota state 
  1.4             colleges and universities to construct an engineering 
  1.5             building at Itasca community college; authorizing 
  1.6             state bonds. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  [APPROPRIATION.] 
  1.9      $4,500,000 is appropriated from the bond proceeds fund to 
  1.10  the board of trustees of the Minnesota state colleges and 
  1.11  universities to construct an engineering building at Itasca 
  1.12  community college. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated by section 1 from the 
  1.15  bond proceeds fund, the commissioner of finance, on request of 
  1.16  the governor, shall sell and issue bonds of the state in an 
  1.17  amount up to $4,500,000 in the manner, upon the terms, and with 
  1.18  the effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.19  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.20  4 to 7. 
  1.21     Sec. 3.  [EFFECTIVE DATE.] 
  1.22     This act is effective the day following its final enactment.