Bill Text: MN HF3148 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Cambridge; new public library funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-03-17 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF3148 Detail]
Download: Minnesota-2013-HF3148-Introduced.html
1.2relating to capital investment; appropriating money for a new public library in
1.3the city of Cambridge; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF CAMBRIDGE; NEW PUBLIC LIBRARY.
1.6 Subdivision 1. Appropriation. $6,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Cambridge to acquire land, predesign, design, construct, furnish, and equip a
1.9new public library in the city. This appropriation is not available until the commissioner
1.10of management and budget determines that at least an equal amount is committed to
1.11the project from nonstate sources.
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 $6,000,000 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.
1.3the city of Cambridge; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF CAMBRIDGE; NEW PUBLIC LIBRARY.
1.6 Subdivision 1. Appropriation. $6,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of employment and economic development for a grant to the
1.8city of Cambridge to acquire land, predesign, design, construct, furnish, and equip a
1.9new public library in the city. This appropriation is not available until the commissioner
1.10of management and budget determines that at least an equal amount is committed to
1.11the project from nonstate sources.
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 $6,000,000 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.
