HF 2891

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to transportation; authorizing sale of trunk highway bonds for Mankato
district headquarters building; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MANKATO DISTRICT HEADQUARTERS BUILDING.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $18,228,000 is appropriated to the commissioner
of transportation from the trunk highway bond proceeds account to design, construct,
furnish, and equip a new district headquarters facility in Mankato. This appropriation is
available until expended.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated by subdivision 1 from the
bond proceeds account in the trunk highway fund, the commissioner of finance shall sell
and issue bonds of the state in an amount up to $18,228,000 in the manner, on the terms,
and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, and by
the Minnesota Constitution, article XIV, section 11.
new text end

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin Section 1 is effective the day following final enactment. new text end