Bill Text: MN HF1324 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Braham publicly owned infrastructure funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-03-29 - Introduction and first reading, referred to Jobs and Economic Development Finance [HF1324 Detail]

Download: Minnesota-2011-HF1324-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for publicly owned
1.3infrastructure in Braham; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. BRAHAM; PUBLIC INFRASTRUCTURE.
1.6    Subdivision 1. Appropriation. $221,250 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Braham for capital improvements to publicly owned infrastructure, including
1.9sewer and water line extension, and the construction of trails for pedestrian and bicycle
1.10use, to support a new community center.
1.11    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $221,250 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
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