Bill Text: MN SF1803 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Range regional airport terminal capital improvements grant bond issue and appropriation
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Introduced - Dead) 2012-02-13 - Referred to Capital Investment [SF1803 Detail]
Download: Minnesota-2011-SF1803-Introduced.html
1.2relating to capital investment; appropriating money for capital improvements
1.3at the Range Regional Airport terminal; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. RANGE REGIONAL AIRPORT
1.7 Subdivision 1. Appropriation. $5,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of transportation for a grant to the Chisholm-Hibbing Airport
1.9Authority to construct, furnish, and equip improvements and betterments of a capital
1.10nature at the Range Regional Airport terminal, as that project is described for purposes of
1.11grant funding received from the Federal Aviation Administration.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $5,000,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
1.3at the Range Regional Airport terminal; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. RANGE REGIONAL AIRPORT
1.7 Subdivision 1. Appropriation. $5,000,000 is appropriated from the bond proceeds
1.8fund to the commissioner of transportation for a grant to the Chisholm-Hibbing Airport
1.9Authority to construct, furnish, and equip improvements and betterments of a capital
1.10nature at the Range Regional Airport terminal, as that project is described for purposes of
1.11grant funding received from the Federal Aviation Administration.
1.12 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.13bond proceeds fund, the commissioner of management and budget shall sell and issue
1.14bonds of the state in an amount up to $5,000,000 in the manner, upon the terms, and with
1.15the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.16Minnesota Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE.This section is effective the day following final enactment.
