HF 2865

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/13/2023 10:12am

A bill for an act
relating to capital investment; appropriating money for the acquisition and
preservation of prairie and big woods remnants in Hennepin 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 PRAIRIE AND BIG WOODS PRESERVATION; HENNEPIN COUNTY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,000,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to acquire and protect approximately 27.5 acres
of prairie and big woods remnants, together with associated Riley Creek, Fredrick-Miller
Spring, and associated wetlands and adjacent lands within the Riley Creek Watershed
District. The lands and waters to be acquired are located on the South slope of the North
rim of the Minnesota River in Hennepin County. These lands and waters shall be established
by the commissioner as an aquatic management area under Minnesota Statutes, section
86A.05, subdivision 14.
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, on the request of the governor,
shall sell and issue bonds of the state in an amount up to $5,000,000 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