as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:03am
A bill for an act
relating to capital improvements; authorizing the sale and issuance of state
bonds; appropriating money for a veterans home in Albert Lea.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$....... is appropriated from the bond proceeds fund
to the commissioner of administration to design, construct, furnish, and equip a veterans
home in Albert Lea.
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The commissioner of administration may accept
contributions of land or money from private individuals, businesses, local governments,
veterans service organizations, and other nonstate sources for the purpose of providing
matching funding when soliciting federal funding for the development of the home.
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To provide the money appropriated in subdivision 1 from
the state bond proceeds fund, the commissioner of finance shall sell and issue bonds of
the state in an amount up to $....... in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
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This section is effective the day following final enactment.
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