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Minnesota Legislature

Office of the Revisor of Statutes

SF 1897

as introduced - 87th Legislature (2011 - 2012) Posted on 02/17/2012 08:25am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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1.18

A bill for an act
relating to capital improvements; appropriating money for a drainage outlet for
Lake Oscar; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginLAKE OSCAR, DOUGLAS COUNTY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $300,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to Douglas County for
construction of a gated 24-inch drainage outlet for Lake Oscar. The new drainage outlet
will be located parallel to an existing 18-inch drainage outlet on land for which Douglas
County holds an easement. This appropriation is not available until the commissioner of
management and budget has determined that at least $10,000 has been secured for this
project from nonstate sources.
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 subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $300,000, 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.
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