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SF 2034

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/07/2021 09:50am

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14
1.15

A bill for an act
relating to capital investment; appropriating money for the construction of an
airport runway in Karlstad; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text beginKARLSTAD AIRPORT RUNWAY; APPROPRIATION AND BOND
SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,600,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Karlstad for the acquisition
of land, predesign, design, engineering, and construction of a primary airport runway.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $5,600,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end