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SF 2161

as introduced - 89th Legislature (2015 - 2016) Posted on 05/11/2015 08:53am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for waterways restoration in
the city of Austin; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin AUSTIN; WATERWAYS RESTORATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $600,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to the city of Austin to design,
construct, and equip improvements at the site of the old 4th Avenue Mill and Dam,
including the construction of bituminous trails, completion of landscaping work, and
renovation of the existing mill; for stream bank stabilization throughout the city, including
the removal of downed trees and debris, replacement of riprap, and establishment of
native vegetation; and for a study to assess the condition, safety, and viability of existing
dams within the city.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $600,000 in the manner, upon the terms, and with
the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
Minnesota Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end