HF 332

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

A bill for an act
relating to capital improvements; appropriating money
to complete restoration of the Bruentrup farm in
Maplewood; authorizing state bonds.

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

Section 1. BRUENTRUP FARM IN MAPLEWOOD.

Subdivision 1.

Appropriation.

$150,000 is appropriated
from the bond proceeds fund to the city of Maplewood to complete
restoration of the Bruentrup farm in Maplewood.

This appropriation is not available until the commissioner
of finance has determined that at least an equal amount has been
committed to the project from nonstate sources.

Subd. 2.

Bond sale.

To provide money appropriated in
subdivision 1 from the bond proceeds fund, the commissioner of
finance shall sell and issue bonds of the state in an amount up
to $150,000 in the manner and upon the terms, and with the
effect prescribed by Minnesota Statutes, sections 16A.631 to
16A.675, and by the Minnesota Constitution, article XI, sections
4 to 7.