as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to cities; exempting the city of Luverne from 1.3 Minnesota investment fund grant limit; reallocating an 1.4 appropriation. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [MINNESOTA INVESTMENT FUND; CITY OF LUVERNE.] 1.7 Notwithstanding the grant limit contained in Minnesota 1.8 Statutes, section 116J.8731, subdivision 5, a grant of up to 1.9 $1,000,000 may be made to the city of Luverne to offset severe 1.10 job losses due to plant closings. 1.11 Sec. 2. [APPROPRIATION TRANSFER.] 1.12 The commissioner of trade and economic development shall 1.13 transfer any remaining funds from the $1,000,000 appropriated 1.14 for a single grant recipient under Laws 1997, chapter 200, 1.15 article 1, section 2, subdivision 2, to a different single grant 1.16 recipient, to be identified by the commissioner. 1.17 Sec. 3. [EFFECTIVE DATE.] 1.18 Sections 1 and 2 are effective the day following final 1.19 enactment.