HF 2972

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             for the south metro joint public safety training 
  1.4             facility; authorizing the sale of state bonds. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $2,000,000 is appropriated from the bond proceeds fund to 
  1.8   the commissioner of public safety for a grant to the city of 
  1.9   Edina or other fiscal agent for the joint powers entity created 
  1.10  for the purpose under Minnesota Statutes, section 471.59.  The 
  1.11  appropriation must be matched by $2,800,000 from nonstate 
  1.12  sources. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated in section 1 from the 
  1.15  state bond proceeds fund, the commissioner of finance, on 
  1.16  request of the governor, shall sell and issue bonds of the state 
  1.17  in an amount up to $2,000,000 in the manner, upon the terms, and 
  1.18  with the effect prescribed by Minnesota Statutes, sections 
  1.19  16A.631 to 16A.675, and by the Minnesota Constitution, article 
  1.20  XI, sections 4 to 7. 
  1.21     Sec. 3.  [EFFECTIVE DATE.] 
  1.22     This act is effective the day following final enactment.