as introduced - 89th Legislature (2015 - 2016) Posted on 05/17/2016 10:26am
A bill for an act
relating to capital investment; appropriating money for capital improvements to
the Falls International Airport; authorizing the issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) $3,000,000 is appropriated from the bond
proceeds fund to the Department of Transportation for a grant to the International Falls
Koochiching County Airport Commission for the following improvements to the Falls
International Airport:
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(1) demolition of the existing terminal building;
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(2) rehabilitation;
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(3) site preparation, including utilities and civil work;
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(4) design, construction, furnishing, and equipping Phase II of the new terminal
building, including a Transportation Safety Administration office, weather office,
conference room, circulation corridor, airport administration offices, customs and border
patrol storage rooms, offices, restrooms, passenger-processing area, wet-hold room,
interview room, search room, precustoms and postcustoms passenger waiting areas, and
vestibule; and
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(5) associated appurtenances of a capital nature.
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(b) After completion of the improvements under paragraph (a), any unspent money
from this grant may be used by the International Falls Koochiching County Airport
Commission for a commercial airline apron expansion project at the Falls International
Airport.
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(c) This appropriation does not require a nonstate contribution or match.
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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 $3,000,000 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.
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This section is effective the day following final enactment.
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