as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for a community center in
the city of Pemberton; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$200,000 is appropriated from the bond proceeds fund to the commissioner of
employment and economic development for a grant to the city of Pemberton to furnish
and equip the renovation of the Pemberton Elementary School building into a community
center.
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
$200,000 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