HF 2939

as introduced - 91st Legislature (2019 - 2020) Posted on 02/11/2020 03:39pm

A bill for an act
relating to capital investment; appropriating money for the Merriam Junction Trail
project in Scott County; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SCOTT COUNTY; MERRIAM JUNCTION TRAIL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $9,000,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to Scott County to predesign, design, engineer, and
construct approximately 2.2 miles of trail on the former Union Pacific rail line connecting
Scott and Carver Counties, the National Wildlife Refuge Louisville Swamp Unit, the city
of Carver, and the regional trail network in Carver County. The project includes the
construction or renovation of four bridges. This appropriation is not available until the
commissioner of management and budget determines that at least $36,000,000 has been
committed from other sources to complete the project.
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 $9,000,000 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