SF 3143

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; providing for a 
  1.3             grant to Blue Earth county for renovation of the 
  1.4             Rapidan dam; authorizing issuance of bonds; 
  1.5             appropriating money.  
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $4,000,000 is appropriated from the bond proceeds fund to 
  1.9   the commissioner of natural resources for a grant to Blue Earth 
  1.10  county for renovation of the Rapidan dam.  This appropriation is 
  1.11  not available until at least $4,000,000 is committed to the 
  1.12  project from nonstate sources. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated in section 1 from the 
  1.15  bond proceeds fund, the commissioner of finance shall sell and 
  1.16  issue bonds of the state in an amount up to $4,000,000 in the 
  1.17  manner, on the terms, and with the effect prescribed by 
  1.18  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.19  Minnesota Constitution, article XI, sections 4 to 7. 
  1.20     Sec. 3.  [EFFECTIVE DATE.] 
  1.21     Sections 1 and 2 are effective the day following final 
  1.22  enactment.