as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for North Shore state
parks and trails; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$8,000,000 is appropriated from the bond proceeds fund to the commissioner of
natural resources for infrastructure rehabilitation and the renovation and development of
facilities within state parks, established under Minnesota Statutes, section 85.012, located
along the North Shore, including Tettegouche and Split Rock Lighthouse State Parks. The
commissioner shall determine project priorities as appropriate, based on need. Projects
leveraging other private, state, or federal funding shall receive priority.
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$1,600,000 is appropriated from the bond proceeds fund to the commissioner of
natural resources for the acquisition of land for and development of the Gitchi Gami
State Trail.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$9,600,000 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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Sections 1 and 2 are effective the day following final enactment.
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