Bill Text: MN SF200 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Shell Rock River watershed bond issue and appropriation
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2013-01-31 - Referred to Finance [SF200 Detail]
Download: Minnesota-2013-SF200-Introduced.html
1.2relating to capital investment; appropriating money for the Shell Rock River
1.3watershed; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. SHELL ROCK RIVER WATERSHED.
1.6 Subdivision 1. Appropriation. $7,500,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the Shell Rock River
1.8Watershed District for sediment removal and cleanup of Fountain Lake.
1.9 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.10bond proceeds fund, the commissioner of management and budget shall sell and issue
1.11bonds of the state in an amount up to $7,500,000 in the manner, upon the terms, and with
1.12the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.13Minnesota Constitution, article XI, sections 4 to 7.
1.14EFFECTIVE DATE.This section is effective the day following final enactment.
1.3watershed; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. SHELL ROCK RIVER WATERSHED.
1.6 Subdivision 1. Appropriation. $7,500,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources for a grant to the Shell Rock River
1.8Watershed District for sediment removal and cleanup of Fountain Lake.
1.9 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.10bond proceeds fund, the commissioner of management and budget shall sell and issue
1.11bonds of the state in an amount up to $7,500,000 in the manner, upon the terms, and with
1.12the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.13Minnesota Constitution, article XI, sections 4 to 7.
1.14EFFECTIVE DATE.This section is effective the day following final enactment.
