as introduced - 92nd Legislature (2021 - 2022) Posted on 01/21/2021 01:01pm
Engrossments | ||
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Introduction | Posted on 01/21/2021 |
A bill for an act
relating to capital investment; appropriating money for a safe crossing route for
connection with the Lake Minnetonka LRT Regional Trail in Shorewood;
authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$860,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Shorewood for design and
construction of a retaining wall, paved trail, and other improvements to provide a safe
crossing route for connection with the Lake Minnetonka LRT Regional Trail. The route
shall begin along Galpin Lake Road proceeding east within the right-of-way of marked
Trunk Highway 7 to County Road 19 in the city of Shorewood.
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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 $860,000 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.
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This section is effective the day following final enactment.
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