HF 2390

as introduced - 87th Legislature (2011 - 2012) Posted on 02/20/2012 01:54pm

A bill for an act
relating to capital investment; appropriating money for state park and recreation
area acquisition; 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 PARK AND RECREATION AREA ACQUISITION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $5,000,000 is appropriated from the bond
proceeds fund to the commissioner of natural resources for acquisition of land under
Minnesota Statutes, section 86A.05, subdivisions 2 and 3, from willing sellers of private
lands within state park and recreation area boundaries established by law.
new text end

new text begin (b) This appropriation includes money for acquisitions in the following state park
and recreation areas: Crow Wing State Park; Cuyuna Country State Recreation Area;
Frontenac State Park; Lake Bronson State Park; Maplewood State Park; Mille Lacs Kathio
State Park; Nerstrand Big Woods State Park; Sibley State Park; and Tettegouche State Park.
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 $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