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Minnesota Legislature

Office of the Revisor of Statutes

HF 401

as introduced - 88th Legislature (2013 - 2014) Posted on 02/22/2013 01:41pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/06/2013

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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1.16

A bill for an act
relating to capital investment; appropriating money for the Southwest Corridor
light rail transit line; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginSOUTHWEST CORRIDOR LIGHT RAIL TRANSIT LINE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $37,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for environmental studies and preliminary engineering,
to acquire real property, or interests in real property, and to design the Southwest Corridor
light rail transit line from the Hiawatha light rail transit line in downtown Minneapolis to
Eden Prairie.
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 $37,000,000 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