as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; authorizing the
issuance of state bonds; appropriating money for a
center for agricultural innovation in the city of
Olivia.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$....... is appropriated from the bond proceeds fund to the
city of Olivia to establish a center for agricultural innovation
to promote agricultural seed innovation by providing a place for
experts to gather and study seed technology.
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The appropriation is not available until the commissioner
determines that $....... has been committed to the project from
nonstate sources.
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To provide the money appropriated in section 1 from the
bond proceeds fund, the commissioner of finance, on request of
the governor, shall sell and issue bonds of the state in an
amount up to $....... 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.
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Sections 1 and 2 are effective the day following final
enactment.
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