Bill Text: MN HF3195 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Wadena; public infrastructure funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-03-19 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF3195 Detail]
Download: Minnesota-2013-HF3195-Introduced.html
1.2relating to capital investment; appropriating money for public infrastructure for
1.3Wadena; 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; PUBLIC INFRASTRUCTURE.
1.6 Subdivision 1. Appropriation. $9,800,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Wadena for the construction of publicly owned infrastructure, including storm and
1.9sanitary sewers, streets, sidewalks, and water supply system improvements.
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 $9,800,000 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.
1.3Wadena; 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; PUBLIC INFRASTRUCTURE.
1.6 Subdivision 1. Appropriation. $9,800,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Wadena for the construction of publicly owned infrastructure, including storm and
1.9sanitary sewers, streets, sidewalks, and water supply system improvements.
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 $9,800,000 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.
