Bill Text: MN SF1413 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Boy River community center bond issue and appropriation

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-05-10 - Referred to Capital Investment [SF1413 Detail]

Download: Minnesota-2011-SF1413-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for the Boy River community
1.3center; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. BOY RIVER COMMUNITY CENTER.
1.6    Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Boy River to demolish an existing structure and prepare a site for, and to design,
1.9construct, furnish, and equip a new community center.
1.10    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $250,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
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