HF 4093

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/11/2024 04:42pm

A bill for an act
relating to capital investment; appropriating money for a hangar renovation at the
Little Falls/Morrison County Airport; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin LITTLE FALLS/MORRISON COUNTY AIRPORT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $500,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for one or more grants to the city of Little Falls,
Morrison County, or both to predesign, design, construct, renovate, furnish, and equip a
renovation of an airplane hangar at the Little Falls/Morrison County Airport, also known
as Lindbergh Field.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $500,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end