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HF 3790

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

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 03/21/2006

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for land purchase for Dakota
County Technical College; authorizing the issuance of general obligation bonds.

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

Section 1. new text begin APPROPRIATION; MINNESOTA STATE COLLEGES AND
UNIVERSITIES BOARD OF TRUSTEES; DAKOTA COUNTY TECHNICAL
COLLEGE.
new text end

new text begin $3,450,000 is appropriated from the bond proceeds fund to the Board of Trustees of
the Minnesota State Colleges and Universities to purchase land from the University of
Minnesota that is located adjacent to Dakota County Technical College.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in this act from the bond proceeds fund, the
commissioner of finance shall sell and issue bonds of the state in an amount up to
$3,450,000 in the manner, 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.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end