Bill Text: MN SF1669 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Rum River dam bond issue and appropriation
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-02-02 - Referred to Capital Investment [SF1669 Detail]
Download: Minnesota-2011-SF1669-Introduced.html
1.2relating to capital investment; appropriating money for the Rum River Dam;
1.3authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RUM RIVER DAM.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the city of Anoka under
1.8Minnesota Statutes, sections 103G.511 and 103G.515, to predesign, design, and construct
1.9the renovation of the Rum River Dam to serve as a barrier to invasive species.
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 $4,000,000 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.
1.3authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RUM RIVER DAM.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the city of Anoka under
1.8Minnesota Statutes, sections 103G.511 and 103G.515, to predesign, design, and construct
1.9the renovation of the Rum River Dam to serve as a barrier to invasive species.
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 $4,000,000 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.
