as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital investment; appropriating money 1.3 for the Walker Area Community Center; authorizing the 1.4 issuance of general obligation bonds. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [APPROPRIATION; WALKER AREA COMMUNITY CENTER 1.7 GRANT.] 1.8 $200,000 is appropriated from the bond proceeds fund to the 1.9 commissioner of finance for a grant to the city of Walker for 1.10 the Walker Area Community Center. This appropriation is not 1.11 available until the commissioner has determined that $800,000 1.12 has been committed from nonstate sources. 1.13 Sec. 2. [BOND SALE.] 1.14 To provide the money appropriated in section 1 from the 1.15 bond proceeds fund, the commissioner of finance shall sell and 1.16 issue bonds of the state in an amount up to $200,000 in the 1.17 manner, on the terms, and with the effect prescribed by 1.18 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.19 Minnesota Constitution, article XI, sections 4 to 7. 1.20 Sec. 3. [EFFECTIVE DATE.] 1.21 Sections 1 and 2 are effective the day following final 1.22 enactment.