Bill Text: MN SF1500 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Harbor at Tower reconstruction project bond issue and appropriation
Sponsorship: Partisan Bill (Independent 2)
Status: (Introduced - Dead) 2012-01-24 - Referred to Capital Investment [SF1500 Detail]
Download: Minnesota-2011-SF1500-Introduced.html
1.2relating to capital investment; appropriating money for reconstruction of the
1.3harbor in Tower; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. HARBOR AT TOWER PROJECT.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Tower for harbor and channel dredging and design and construction of sheet piling,
1.9breakways, docks, and walkways to complete Phase II of the Harbor at Tower project.
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.
1.3harbor in Tower; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. HARBOR AT TOWER PROJECT.
1.6 Subdivision 1. Appropriation. $4,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Tower for harbor and channel dredging and design and construction of sheet piling,
1.9breakways, docks, and walkways to complete Phase II of the Harbor at Tower project.
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.
