SF 2194

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 investment; providing for a grant 
  1.3             to Ramsey County for a portion of the cost of a joint 
  1.4             maintenance facility; authorizing bonds; appropriating 
  1.5             money. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $1,300,000 is appropriated from the bond proceeds fund to 
  1.9   the commissioner of administration for a grant to Ramsey County 
  1.10  to pay part of the cost of constructing a joint maintenance 
  1.11  facility that will be occupied by Independent School District 
  1.12  No. 621, Mounds View. 
  1.13     Sec. 2.  [BOND AUTHORIZATION.] 
  1.14     To provide the money appropriated in this act from the bond 
  1.15  proceeds fund, the commissioner of finance shall sell and issue 
  1.16  bonds of the state in an amount up to $1,300,000 in the manner, 
  1.17  upon the terms, and with the effect prescribed by Minnesota 
  1.18  Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
  1.19  Constitution, article XI, sections 4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     This act is effective the day following final enactment.