Minnesota Legislature
SF 369
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Current Version - as introduced
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A bill for an act
relating to capital improvements; appropriating money for acquisition and
development of Big Marine Park Reserve; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin APPROPRIATION.
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$6,000,000 is appropriated from the bond proceeds fund to Washington County for
land acquisition and development of the Big Marine Park Reserve.
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Sec. 2. new text begin BOND SALE.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$6,000,000 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.
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Sec. 3. new text begin EFFECTIVE DATE.
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Sections 1 and 2 are effective the day following final enactment.
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