Bill Text: MN HF1126 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Deer River; regional community facility funding provided, bonds issued, and money appropriated.
Sponsorship: Slight Partisan Bill (Democrat 2-1)
Status: (Introduced - Dead) 2011-03-14 - Introduction and first reading, referred to Jobs and Economic Development Finance [HF1126 Detail]
Download: Minnesota-2011-HF1126-Introduced.html
1.2relating to capital improvements; appropriating money for a regional community
1.3facility in Deer River; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION.
1.6$400,000 is appropriated from the bond proceeds fund to the commissioner of
1.7employment and economic development for a grant to the city of Deer River to predesign,
1.8design, construct, furnish, and equip a regional multiuse community facility to be owned
1.9and operated by the city of Deer River.
1.10 Sec. 2. BOND SALE.
1.11To provide the money appropriated in section 1 from the bond proceeds fund, the
1.12commissioner of management and budget shall sell and issue bonds of the state in an
1.13amount up to $400,000 in the manner, upon the terms, and with the effect prescribed by
1.14Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.15article XI, sections 4 to 7.
1.16 Sec. 3. EFFECTIVE DATE.
1.17Sections 1 and 2 are effective the day following final enactment.
1.3facility in Deer River; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION.
1.6$400,000 is appropriated from the bond proceeds fund to the commissioner of
1.7employment and economic development for a grant to the city of Deer River to predesign,
1.8design, construct, furnish, and equip a regional multiuse community facility to be owned
1.9and operated by the city of Deer River.
1.10 Sec. 2. BOND SALE.
1.11To provide the money appropriated in section 1 from the bond proceeds fund, the
1.12commissioner of management and budget shall sell and issue bonds of the state in an
1.13amount up to $400,000 in the manner, upon the terms, and with the effect prescribed by
1.14Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.15article XI, sections 4 to 7.
1.16 Sec. 3. EFFECTIVE DATE.
1.17Sections 1 and 2 are effective the day following final enactment.
