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HF 2447

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:04am

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

Current Version - as introduced

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A bill for an act
relating to capital investment; modifying an appropriation for Ramsey County;
amending Laws 2005, chapter 20, article 1, section 23, subdivision 12, as
amended.

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

Section 1.

Laws 2005, chapter 20, article 1, section 23, subdivision 12, as amended by
Laws 2006, chapter 171, section 2, and Laws 2006, chapter 258, section 50, is amended to
read:


Subd. 12. Bioscience Development
18,500,000

For grants to political subdivisions to
predesign, design, acquire, construct, furnish,
and equip publicly owned infrastructure
required to support bioscience development
in this state.

$2,500,000 is for a grant to the city of
Worthington.

$14,000,000 cumulatively is for grants to the
counties of Ramsey and Anoka for public
improvements to the portion of County
Road J located within each countynew text begin , and
for road and bridge improvement costs at
marked Trunk Highway 36 and Rice Street
in Ramsey County in support of bioscience
business development
new text end . This amount may be
used to repay loans the proceeds of which
were used for the public improvement. The
grants to the individual counties shall be
in amounts proportionate to the individual
counties' costs associated with the public
improvements.

$2,000,000 is for bioscience business
development public infrastructure grants
under new Minnesota Statutes, section
116J.435.