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SF 1483

as introduced - 88th Legislature (2013 - 2014) Posted on 03/21/2013 09:33am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.17 1.18

A bill for an act
relating to capital improvements; appropriating money for renovation and
expansion of the Brian Coyle Center; 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.
new text end

new text begin $3,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council
for a grant to the Minneapolis Park and Recreation Board to renovate and expand the
Brian Coyle Center, subject to Minnesota Statutes, section 16A.695. This appropriation
does not require a local match.
new text end

Sec. 2. new text begin BOND SALE.
new text end

new text begin To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $3,000,000 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.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final enactment.
new text end