as introduced - 87th Legislature (2011 - 2012) Posted on 01/27/2012 09:03am
A bill for an act
relating to capital investment; appropriating money for a grant to the East
Range Joint Powers Board for a water treatment facility; authorizing the sale
and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$4,500,000 is appropriated from the bond proceeds
fund to the East Range Joint Powers Board to acquire land for, and to predesign, design,
and construct a new water treatment facility and distribution system for the communities
of Hoyt Lakes, Aurora, Town of White, Biwabik, and Gilbert.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $4,500,000 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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This section is effective the day following final enactment.
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