Bill Text: MN SF1108 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Minneapolis Nicollet mall phase I renovation grant bond issue and appropriation
Sponsorship: Partisan Bill (Democrat 3)
Status: (Introduced - Dead) 2011-04-07 - Referred to Capital Investment [SF1108 Detail]
Download: Minnesota-2011-SF1108-Introduced.html
1.2relating to capital investment; appropriating money for Phase I renovation of
1.3Nicollet Mall; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. NICOLLET MALL PHASE I RENOVATION.
1.6 Subdivision 1. Appropriation. $20,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Minneapolis to predesign, design, and reconstruct Phase I of Nicollet Mall and its
1.9adjacent and related infrastructure in downtown Minneapolis.
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 $20,000,000 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.
1.3Nicollet Mall; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. NICOLLET MALL PHASE I RENOVATION.
1.6 Subdivision 1. Appropriation. $20,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Minneapolis to predesign, design, and reconstruct Phase I of Nicollet Mall and its
1.9adjacent and related infrastructure in downtown Minneapolis.
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 $20,000,000 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.
