as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; authorizing issuance of state bonds;
appropriating money to the Metropolitan Council for regional park and
open-space land acquisition and improvements.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$10,500,000 is appropriated from the bond proceeds fund to the Metropolitan
Council for the cost of improvements and betterments of a capital nature and acquisition
by the council and local government units of regional recreational open-space lands in
accordance with the council's policy plan as provided in Minnesota Statutes, section
473.147.
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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
$10,500,000, 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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