as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for a grant to the city of
Ellendale for sewer and water infrastructure; authorizing the sale and issuance of
state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$3,000,000 is appropriated from the bond proceeds fund to the commissioner
of employment and economic development for a grant to the city of Ellendale for the
predesign, design, and construction of capital improvements to Ellendale's sewer and
water infrastructure.
new text end
new text begin
To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$3,000,000 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.
new text end
new text begin
Sections 1 and 2 are effective the day following final enactment.
new text end