as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for state park needs;
authorizing issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$7,000,000 is appropriated from the bond proceeds fund to the commissioner
of natural resources as follows:
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(1) $6,000,000 is to acquire land and inholdings within existing state parks; and
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(2) $1,000,000 is to acquire land within the statutory boundaries of Greenleaf Lake
State Park.
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To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of finance, on request of the governor, shall sell and issue bonds of the
state in an amount up to $7,000,000 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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Sections 1 and 2 are effective the day following final enactment.
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