SF 2425

as introduced - 87th Legislature (2011 - 2012) Posted on 03/14/2012 08:56am

A bill for an act
relating to capital improvements; appropriating money for a public safety
building in Princeton; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin PUBLIC SAFETY BUILDING; PRINCETON.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,301,000 is appropriated from the bond proceeds
fund to the commissioner of public safety for a grant to the city of Princeton to acquire
land, predesign, design, construct, and equip a public safety building to be located in
Princeton for use as a headquarters for police, fire, and emergency operations and as a
relocation and decontamination site in the event of an accident at the Monticello Nuclear
Power Plant. This appropriation is not available until the commissioner determines that at
least an equal amount is committed to the project from nonstate sources.
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 $3,301,000 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