1.1 A bill for an act
1.2 relating to capital investment; appropriating money for a public works maintenance
1.3 facility in the city of Ranier; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RANIER; PUBLIC WORKS MAINTENANCE FACILITY.
1.6 Subdivision 1.Appropriation.$300,000 is appropriated from the bond proceeds fund
1.7to the commissioner of employment and economic development for a grant to the city of
1.8Ranier to predesign, design, construct, furnish, and equip a new public works maintenance
1.9facility. This appropriation does not require a nonstate match.
1.10 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.11proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.12the state in an amount up to $300,000 in the manner, upon the terms, and with the effect
1.13prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.14Constitution, article XI, sections 4 to 7.
1.15 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
REVISOR JSK/AD 25-0081912/02/24
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 402
NINETY-FOURTH SESSION
Authored by Skraba02/13/2025
The bill was read for the first time and referred to the Committee on Capital Investment