Bill Text: MN HF1479 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Wadena; street and utility improvement funding provided, bonds issued, and money appropriated.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2011-04-14 - Introduction and first reading, referred to Jobs and Economic Development Finance [HF1479 Detail]
Download: Minnesota-2011-HF1479-Introduced.html
1.2relating to capital investment; appropriating money for street and utility
1.3improvements in Wadena; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. WADENA STREET AND UTILITY IMPROVEMENTS.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of economic development for a grant to the city of Wadena for
1.8storm sewer, sanitary sewer, water, street, and other improvements of a capital nature
1.9to publicly owned infrastructure.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
1.3improvements in Wadena; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. WADENA STREET AND UTILITY IMPROVEMENTS.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of economic development for a grant to the city of Wadena for
1.8storm sewer, sanitary sewer, water, street, and other improvements of a capital nature
1.9to publicly owned infrastructure.
1.10 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $4,000,000 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
