as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for public ice facilities;
authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$5,000,000 is appropriated from the bond proceeds fund to the Minnesota Amateur
Sports Commission to make grants to local units of government for the purpose of
constructing public ice facilities under Minnesota Statutes, sections 240A.09 and 240A.10.
new text end
new text begin
To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$5,000,000 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.
new text end
new text begin
Sections 1 and 2 are effective the day following final enactment.
new text end