as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital improvements; authorizing the sale 1.3 of state bonds; appropriating money for the 1.4 Minneapolis convention center expansion. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [MINNEAPOLIS CONVENTION CENTER EXPANSION.] 1.7 $35,000,000 is appropriated from the bond proceeds fund to 1.8 the commissioner of trade and economic development for site 1.9 acquisition, street and utilities relocation, preliminary 1.10 design, administration, and other necessary and related purposes 1.11 preliminary to the construction of the expansion of the 1.12 Minneapolis convention center. 1.13 Sec. 2. [BOND SALE.] 1.14 To provide the money appropriated in this act from the 1.15 state bond proceeds fund, the commissioner of finance, on 1.16 request of the governor, shall sell and issue bonds of the state 1.17 in an amount up to $35,000,000 in the manner, upon the terms, 1.18 and with the effect prescribed by Minnesota Statutes, sections 1.19 16A.631 to 16A.675, and by the Minnesota Constitution, article 1.20 XI, sections 4 to 7. 1.21 Sec. 3. [EFFECTIVE DATE.] 1.22 This act is effective the day following enactment.