SF 3106

as introduced - 90th Legislature (2017 - 2018) Posted on 03/09/2018 09:11am

A bill for an act
relating to capital investment; appropriating money for a grant to Itasca County
for radio infrastructure; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ITASCA COUNTY; RADIO INFRASTRUCTURE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $513,230 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to Itasca County
for site preparation, including deconstruction and removal of the old KAXE Northern
Community Radio broadcast tower, and to design, construct, and equip a new broadcast
tower, transmitter, and transmission building in Trout Lake Township for a 100,000-watt
public radio station to replace the KAXE Northern Community Radio transmission plant.
This appropriation is available when the commissioner of management and budget determines
that resources sufficient to complete the project, estimated to be $350,750, have been
committed to the project from other sources, as required in Minnesota Statutes, section
16A.502.
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 $513,230 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