Minnesota SF478 authorizes the sale of up to $25,000,000 in state bonds to fund the small cities assistance program.

Minnesota SF478 appropriates $25,000,000 from bond proceeds 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.

Minnesota SF478 authorizes the sale of up to $25,000,000 in state bonds to fund the small cities assistance program.

Minnesota SF478 appropriates $25,000,000 from bond proceeds 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.