SF 2451

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/14/2025 09:41 a.m.

A bill for an act
relating to capital investment; appropriating money for a jetty and bank stabilization
improvements near Mississippi Crossings in the city of Champlin; authorizing the
sale and issuance of state bonds.

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

Section 1. new text begin CHAMPLIN; MISSISSIPPI CROSSINGS RIVER JETTY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $350,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources for a grant to the city of Champlin to construct a
jetty and bank stabilization improvements upstream of the Mississippi Crossings public
dock system in the city of Champlin.
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 $350,000 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