HF 2389

as introduced - 87th Legislature (2011 - 2012) Posted on 02/20/2012 01:12pm

A bill for an act
relating to capital investment; appropriating money for acquisition and
development of state trails; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin STATE TRAIL ACQUISITION AND DEVELOPMENT.
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new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $26,565,000 is appropriated from the bond
proceeds fund to the commissioner of natural resources to acquire land or interests in land
for, and to construct state trails under, Minnesota Statutes, section 85.015.
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new text begin (b) This appropriation includes money for the following projects:
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new text begin (1) $500,000 is for the Blazing Star Trail;
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new text begin (2) $1,500,000 is for the Browns Creek Trail;
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new text begin (3) $2,000,000 is for the Camp Ripley/Veterans Trail;
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new text begin (4) $2,000,000 is for the Casey Jones Trail;
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new text begin (5) $2,000,000 is for the Cuyuna Lakes Trail;
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new text begin (6) $2,000,000 is for the Gateway Trail;
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new text begin (7) $1,935,000 is for the Gitchi Gami Trail;
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new text begin (8) $2,000,000 is for the Glacial Lakes Trail;
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new text begin (9) $1,227,000 is for the Goodhue Pioneer Trail;
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new text begin (10) $2,000,000 is for the Heartland Trail;
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new text begin (11) $2,500,000 is for the Luce Line Trail;
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new text begin (12) $2,000,000 is for the Mill Towns Trail;
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new text begin (13) $500,000 is for the Minnesota River Trail;
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new text begin (14) $200,000 is for the Paul Bunyan Trail;
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new text begin (15) $2,326,000 is for the Shooting Star Trail;
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new text begin (16) $500,000 is for the Stagecoach Trail; and
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new text begin (17) $1,012,000 is for the Whitewater Country Trail Loop.
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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 $26,565,000 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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new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
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