as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:36am
Engrossments | ||
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Introduction | Posted on 01/28/2009 |
A bill for an act
relating to capital improvements; appropriating money for the Northern Lights
Express Passenger Rail; appropriating money; authorizing the sale and issuance
of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,000,000 is appropriated from the bond proceeds fund to the commissioner of
transportation for a grant to the St. Louis and Lake Counties Regional Railroad Authority
to acquire land, to conduct design, engineering, and programmatic environmental studies,
and to design and construct or reconstruct rail lines, railway stations, and other railroad
appurtenances for the Northern Lights Express Passenger Rail project to facilitate the
return of passenger rail service along the Duluth/Minneapolis rail corridor.
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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
$1,000,000 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.
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Sections 1 and 2 are effective the day following final enactment.
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