Minnesota Legislature
SF 3344
as introduced - 86th Legislature (2009 - 2010) Posted on 04/06/2010 03:38pm
KEY: stricken = removed, old language.
underscored = added, new language.
Current Version - as introduced
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A bill for an act
relating to Public Facilities Authority; requiring the authority to forgive a loan.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin PUBLIC FACILITIES AUTHORITY, CITY OF AVON.
new text end
new text begin
The Public Facilities Authority shall forgive the city of Avon's outstanding loans that
the city has from the authority.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment
and applies to principal and interest due on loan amounts outstanding on the effective
date of this section.
new text end