Bill Text: MN HF2328 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Willmar; funding provided for district headquarters, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-02-25 - Introduction and first reading, referred to Transportation Finance [HF2328 Detail]
Download: Minnesota-2013-HF2328-Introduced.html
1.2relating to transportation; capital investment; appropriating money for the
1.3Willmar district headquarters; authorizing sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. WILLMAR DISTRICT HEADQUARTERS.
1.6 Subdivision 1. Appropriation. $4,370,000 is appropriated from the bond proceeds
1.7account in the trunk highway fund to the commissioner of transportation for the Willmar
1.8district headquarters project and is added to the appropriation for the same project made in
1.9Laws 2012, chapter 287, article 1, section 1, subdivision 2.
1.10 Subd. 2. Bond sale authorization. To provide the money appropriated in this
1.11section from the bonds proceeds account in the trunk highway fund, the commissioner
1.12of management and budget shall sell and issue bonds of the state in an amount up to
1.13$4,370,000 in the manner, upon the terms, and with the effect prescribed by Minnesota
1.14Statutes, sections 167.50 to 167.52, and by the Minnesota Constitution, article XIV, section
1.1511, at the times and in the amounts requested by the commissioner of transportation. The
1.16proceeds of the bonds, except accrued interest and any premium received on the sales of
1.17the bonds, must be credited to a bond proceeds account in the trunk highway fund.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
1.3Willmar district headquarters; authorizing sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. WILLMAR DISTRICT HEADQUARTERS.
1.6 Subdivision 1. Appropriation. $4,370,000 is appropriated from the bond proceeds
1.7account in the trunk highway fund to the commissioner of transportation for the Willmar
1.8district headquarters project and is added to the appropriation for the same project made in
1.9Laws 2012, chapter 287, article 1, section 1, subdivision 2.
1.10 Subd. 2. Bond sale authorization. To provide the money appropriated in this
1.11section from the bonds proceeds account in the trunk highway fund, the commissioner
1.12of management and budget shall sell and issue bonds of the state in an amount up to
1.13$4,370,000 in the manner, upon the terms, and with the effect prescribed by Minnesota
1.14Statutes, sections 167.50 to 167.52, and by the Minnesota Constitution, article XIV, section
1.1511, at the times and in the amounts requested by the commissioner of transportation. The
1.16proceeds of the bonds, except accrued interest and any premium received on the sales of
1.17the bonds, must be credited to a bond proceeds account in the trunk highway fund.
1.18EFFECTIVE DATE.This section is effective the day following final enactment.
