2005 Minnesota Statutes

     473I.05 Loan agreement. 

    After making the determinations required by section 
 473I.03, the commissioner shall provide a loan to the 
 municipality from money in the baseball park bond proceeds 
 account, in an amount up to $330,000,000.  The proceeds of the 
 loan must be used by the municipality to acquire and prepare a 
 site for and to design, construct, furnish, and equip the 
 baseball park.  The commissioner shall specify the terms of the 
 loan agreement. 

    HIST: 2002 c 397 s 9