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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 132 - Use of Aeronautic Funds by the City of Paynesville
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Author:
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Senator Michelle L. Fischbach
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Prepared By:
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Krista Boyd, Senate Fiscal Analyst (651/296-7681)
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Date:
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March 16, 2011
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Section 1 authorizes the commissioner of transportation to allow the city of Paynesville to retain funds originally granted to the city for the purpose of acquiring land for the Paynesville airport. The land was not used for airport purposes. This section allows the city to refrain from paying back the money and instead retain and use it for other airport purposes until June 30, 2015, at which time unspent money would be returned by the city and deposited in the state airports fund.
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Last review or update: 03/16/2011
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