HF 2978

as introduced - 91st Legislature (2019 - 2020) Posted on 02/11/2020 03:39pm

A bill for an act
relating to capital investment; appropriating money for improvements to the Cottage
Grove Ravine Regional Park; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WASHINGTON COUNTY; COTTAGE GROVE RAVINE REGIONAL
PARK FACILITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to Washington County to develop the lower landing
facility area in Cottage Grove Ravine Regional Park. This appropriation includes money to
design, construct, furnish, and equip a multiuse facility with restrooms, storage space,
multipurpose lobby space, office space, and an equipment staging area. Adjacent site area
improvements may include play area improvements, a fishing pier, and canoe and kayak
launch access improvements on Ravine Lake. This appropriation is not available until the
commissioner of management and budget determines that an equal amount has been
committed from nonstate sources to complete the project.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $2,000,000 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.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end