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HF 2776

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing state 
  1.3             bonds; appropriating money for capital planning, 
  1.4             acquisition, and development of the Casey Jones Trail. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [APPROPRIATION FOR THE CASEY JONES TRAIL.] 
  1.7      $4,200,000 is appropriated from the bond proceeds fund to 
  1.8   the commissioner of natural resources for phase one of capital 
  1.9   planning, acquisition, and development of the Casey Jones Trail 
  1.10  provided for in Minnesota Statutes, section 85.015, subdivision 
  1.11  2.  Of this appropriation, $400,000 is for capital planning, 
  1.12  $800,000 is for certain land acquisition, and $3,000,000 is for 
  1.13  construction. 
  1.14     Sec. 2.  [BOND SALE.] 
  1.15     To provide the money appropriated in this act from the bond 
  1.16  proceeds fund, the commissioner of finance shall sell and issue 
  1.17  bonds of the state in an amount up to $4,200,000 in the manner, 
  1.18  upon the terms, and with the effect prescribed in Minnesota 
  1.19  Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
  1.20  Constitution, article XI, sections 4 to 7. 
  1.21     Sec. 3.  [EFFECTIVE DATE.] 
  1.22     Sections 1 and 2 are effective the day following final 
  1.23  enactment.