Loading chat...

MN SF2030

Bill

Official Source

Status

Introduced

2/23/2012

Primary Sponsor

Katie Sieben

Click for details

Origin

Senate

87th Legislature 2011-2012

AI Summary

  • Appropriates $50,000 from bond proceeds fund to the commissioner of employment and economic development for a grant to the city of Cottage Grove
  • Grant funds the conversion of the former city hall building in Cottage Grove into a business incubator
  • Authorizes the commissioner of management and budget to sell and issue state bonds up to $50,000 to provide the appropriated funds
  • Bond issuance follows procedures established in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
  • Effective the day following final enactment

Legislative Description

Cottage Grove business incubator bond issue and appropriation

Last Action

Referred to Capital Investment

2/23/2012

Committee Referrals

Capital Investment2/23/2012

Full Bill Text

No bill text available