as introduced - 88th Legislature (2013 - 2014) Posted on 02/26/2014 08:27am
A bill for an act
relating to capital investment; appropriating money for a public safety facility in
Montgomery; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,330,000 is appropriated from the bond proceeds
fund to the commissioner of public safety for a grant to the city of Montgomery to design,
construct, furnish, and equip a public safety facility in Montgomery to house the city's
fire and ambulance services. This appropriation is not available until the commissioner
of management and budget determines that at least an equal amount is committed from
nonstate sources.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $1,330,000 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.
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