SF 2533

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 improvements; authorizing the 
  1.3             issuance of state bonds; appropriating money for 
  1.4             historic preservation grants. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION.] 
  1.7      $2,000,000 is appropriated to the Minnesota Historical 
  1.8   Society for grants to county and local jurisdictions as matching 
  1.9   money for historic preservation projects of a capital nature.  
  1.10  Grant recipients must match state funds on at least an equal 
  1.11  basis.  The facilities must be publicly owned. 
  1.12     Sec. 2.  [BOND SALE.] 
  1.13     To provide the money appropriated in this act from the bond 
  1.14  proceeds fund, the commissioner of finance shall sell and issue 
  1.15  bonds of the state in an amount up to $2,000,000 in the manner, 
  1.16  upon the terms, and with the effect prescribed by Minnesota 
  1.17  Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
  1.18  Constitution, article XI, sections 4 to 7. 
  1.19     Sec. 3.  [EFFECTIVE DATE.] 
  1.20     Sections 1 and 2 are effective the day following final 
  1.21  enactment.