Bill Text: MN SF622 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Pine Lake township road improvement grant bond issue and appropriation
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2013-02-21 - Referred to Finance [SF622 Detail]
Download: Minnesota-2013-SF622-Introduced.html
1.2relating to capital improvements; appropriating money for local road improvement
1.3in Pine Lake Township; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. ROAD IMPROVEMENT; PINE LAKE TOWNSHIP.
1.6 Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7account in the state transportation fund to the commissioner of transportation as provided
1.8in Minnesota Statutes, section 174.50, for a grant to Pine Lake Township in Otter Tail
1.9County for improvements to Nitche Lake Road between County Road 8 and County
1.10Road 53 in Pine Lake Township.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12state transportation fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $250,000 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.
1.3in Pine Lake Township; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. ROAD IMPROVEMENT; PINE LAKE TOWNSHIP.
1.6 Subdivision 1. Appropriation. $250,000 is appropriated from the bond proceeds
1.7account in the state transportation fund to the commissioner of transportation as provided
1.8in Minnesota Statutes, section 174.50, for a grant to Pine Lake Township in Otter Tail
1.9County for improvements to Nitche Lake Road between County Road 8 and County
1.10Road 53 in Pine Lake Township.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12state transportation fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $250,000 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.
