Bill Text: MN SF418 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Perham area community center bond issue and appropriation

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-02-13 - Referred to Finance [SF418 Detail]

Download: Minnesota-2013-SF418-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for renovation and expansion
1.3of the Perham Area Community Center; 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. PERHAM AREA COMMUNITY CENTER.
1.7    Subdivision 1. Appropriation. $1,365,477 is appropriated from the bond proceeds
1.8fund to the commissioner of employment and economic development for a grant to the
1.9city of Perham to renovate and expand the Perham Area Community Center, subject to
1.10Minnesota Statutes, sections 16A.695 and 16A.502.
1.11    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $1,365,477 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
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