HF 3141

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             for school safety capital improvements; authorizing 
  1.4             the sale of state bonds. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [SCHOOL SAFETY CAPITAL IMPROVEMENTS.] 
  1.7      Subdivision 1.  [APPROPRIATION.] $2,500,000 is appropriated 
  1.8   from the bond proceeds fund to the commissioner of children, 
  1.9   families, and learning to make grants to school districts for 
  1.10  capital improvements to public school buildings to improve the 
  1.11  safety of students, teachers, and others using the public school 
  1.12  building. 
  1.13     Subd. 2.  [BOND SALE.] To provide the money appropriated in 
  1.14  this act from the bond proceeds fund, the commissioner of 
  1.15  finance shall sell and issue bonds of the state in an amount up 
  1.16  to $2,500,000 in the manner, upon the terms, and with the effect 
  1.17  prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, 
  1.18  and by the Minnesota Constitution, article XI, sections 4 to 7. 
  1.19     Sec. 2.  [EFFECTIVE DATE.] 
  1.20     This act is effective the day following final enactment.