as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital improvements; authorizing the 1.3 issuance of state bonds; appropriating money for a 1.4 center for agricultural innovation in the city of 1.5 Olivia. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. [APPROPRIATION.] 1.8 $....... is appropriated from the bond proceeds fund to the 1.9 city of Olivia to establish a center for agricultural innovation 1.10 to promote agricultural seed innovation by providing a place for 1.11 experts to gather and study seed technology. 1.12 The appropriation is not available until the commissioner 1.13 determines that $....... has been committed to the project from 1.14 nonstate sources. 1.15 Sec. 2. [BOND SALE.] 1.16 To provide the money appropriated in section 1 from the 1.17 bond proceeds fund, the commissioner of finance, on request of 1.18 the governor, shall sell and issue bonds of the state in an 1.19 amount up to $....... in the manner, upon the terms, and with 1.20 the effect prescribed by Minnesota Statutes, sections 16A.631 to 1.21 16A.675, and by the Minnesota Constitution, article XI, sections 1.22 4 to 7. 1.23 Sec. 3. [EFFECTIVE DATE.] 1.24 Sections 1 and 2 are effective the day following final 1.25 enactment.