Minnesota SF29 authorizes the sale of state bonds up to $25,000,000 for the small cities assistance program.
Minnesota SF29 appropriates $25,000,000 from the bond proceeds fund to the commissioner of transportation for the small cities assistance program. The commissioner of management and budget is authorized to sell and issue state bonds up to $25,000,000 to fund this appropriation. The bond sale must follow the terms and conditions outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7.
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