SF 2326

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to appropriations; authorizing state bonds; 
  1.3             appropriating money for the Itasca county 
  1.4             school-to-work technology center project. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [SCHOOL-TO-WORK TECHNOLOGY CENTER.] 
  1.7      Subdivision 1.  [APPROPRIATION.] $3,800,000 is appropriated 
  1.8   from the bond proceeds fund to Itasca county as fiscal agent for 
  1.9   the Itasca county school-to-work technology center project.  
  1.10  Each dollar of state money must be matched by $1 of nonstate 
  1.11  money. 
  1.12     Subd. 2.  [BOND SALE.] To provide the money appropriated by 
  1.13  this section from the bond proceeds fund, the commissioner of 
  1.14  finance, on request of the governor, shall sell and issue bonds 
  1.15  of the state in an amount up to $3,800,000 in the manner, on the 
  1.16  terms, and with the effect prescribed by Minnesota Statutes, 
  1.17  sections 16A.631 to 16A.675, and by the Minnesota Constitution, 
  1.18  article XI, sections 4 to 7. 
  1.19     Sec. 2.  [EFFECTIVE DATE.] 
  1.20     Section 1 is effective the day after its final enactment.