SF 414

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             to the commissioner of natural resources for a grant 
  1.4             to Marshall for flood control; authorizing the sale of 
  1.5             state bonds. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $379,000 is appropriated from the bond proceeds fund to the 
  1.9   commissioner of natural resources for a grant to the city of 
  1.10  Marshall for its flood control project.  
  1.11     Sec. 2.  [BOND SALE.] 
  1.12     To provide the money appropriated in this act from the bond 
  1.13  proceeds fund, the commissioner of finance, on request of the 
  1.14  governor, shall sell and issue bonds of the state in an amount 
  1.15  up to $379,000 in the manner, upon the terms, and with the 
  1.16  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.17  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.18  4 to 7. 
  1.19     Sec. 3.  [EFFECTIVE DATE.] 
  1.20     This act is effective the day following its final enactment.