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SF 2467

as introduced - 87th Legislature (2011 - 2012) Posted on 05/09/2012 03:17pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to local government; authorizing Itasca County to issue general
obligation bonds for the county nursing home; amending Laws 2003, chapter
127, article 12, section 28.

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

Section 1.

Laws 2003, chapter 127, article 12, section 28, is amended to read:


Sec. 28. NURSING HOME BONDS AUTHORIZED.

Itasca County may issue bonds under Minnesota Statutes, sections 376.55 and
376.56, to finance the construction of a 35-bed nursing home facility to replace an existing
35-bed private facility located in the county. The bonds issued under this section deleted text begin mustdeleted text end new text begin
maynew text end be payable solely from revenues deleted text begin anddeleted text end new text begin ornew text end may deleted text begin notdeleted text end be general obligations of the county.

new text begin EFFECTIVE DATE; LOCAL APPROVAL. new text end

new text begin This section is effective the day after
the governing body of Itasca County and its chief clerical officer timely complete their
compliance with Minnesota Statutes, section 645.021, subdivisions 2 and 3.
 new text end