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HF 1950

as introduced - 87th Legislature (2011 - 2012) Posted on 01/26/2012 02:33pm

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15
1.16

A bill for an act
relating to capital investment; appropriating money for design work on the Great
River Passage in St. Paul; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ST. PAUL; GREAT RIVER PASSAGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,386,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of St. Paul to predesign and design
improvements to the Great River Passage to increase safe access by the public to the
Mississippi River and to continue design of the Great River Passage, which will eventually
connect all 17 miles of Mississippi riverfront in St. Paul.
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 $1,386,000 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