SF 1969

as introduced - 91st Legislature (2019 - 2020) Posted on 03/05/2019 09:02am

A bill for an act
relating to capital investment; appropriating money for pedestrian and bicycle
trails in Dakota 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 DAKOTA COUNTY; PEDESTRIAN AND BICYCLE TRAILS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $22,750,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to Dakota County for right-of-way acquisition
and for predesign, design, engineering, and construction of regional pedestrian and bicycle
trails and trail-related improvements in Dakota County. This appropriation includes money
for the following projects: the River to River Greenway; the Minnesota River Greenway;
the Mendota to Lebanon Hills Greenway; the Mississippi River Trail; the North Creek
Greenway; and the Lake Marion Greenway.
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 $22,750,000 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