as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:36pm
A bill for an act
relating to capital investment; appropriating money for the Veterans Victory
Memorial Parkway; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of Minneapolis for flagpole
monument and plaza restoration, and other infrastructure improvements of a capital
nature for the Veterans of WWI Victory Memorial Parkway portion of the Grand Rounds
Scenic Byway.
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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 $2,000,000 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.
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This section is effective the day following final enactment.
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