HF 3268

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to natural resources; authorizing bonds and 
  1.3             appropriating money for metropolitan regional park 
  1.4             acquisition and betterment.  
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [METROPOLITAN REGIONAL PARK ACQUISITION AND 
  1.7   BETTERMENT; APPROPRIATION.] 
  1.8      $11,200,000 is appropriated from the bond proceeds fund to 
  1.9   the commissioner of natural resources for payment to the 
  1.10  metropolitan council.  The commissioner shall pay the amount on 
  1.11  a reimbursement basis to the metropolitan council upon receipt 
  1.12  of a certified copy of a council resolution requesting payment.  
  1.13  The appropriation must be used to pay the cost of 
  1.14  rehabilitation, acquisition, and development by the council and 
  1.15  local government units of regional recreational open space lands 
  1.16  in accordance with the council's policy plan as provided in 
  1.17  Minnesota Statutes, section 473.315.  This appropriation must 
  1.18  not be used for research, planning, administration, or tax 
  1.19  equivalency payments.  This appropriation may be used for the 
  1.20  purchase of homes only if the purchases are included in the work 
  1.21  program required by law and they are expressly approved by the 
  1.22  legislative commission on Minnesota resources. 
  1.23     Sec. 2.  [BOND SALE.] 
  1.24     To provide the money appropriated in section 1 from the 
  1.25  bond proceeds fund, the commissioner of finance shall sell and 
  2.1   issue bonds of the state in an amount up to $11,200,000 in the 
  2.2   manner, upon the terms, and with the effect prescribed by 
  2.3   Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  2.4   Minnesota Constitution, article XI, sections 4 to 7.