as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/20/2003 |
1.1 A bill for an act 1.2 relating to capital improvements; authorizing the 1.3 issuance of state bonds; appropriating money for the 1.4 Northwest busway. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [NORTHWEST BUSWAY; APPROPRIATION.] 1.7 $30,000,000 is appropriated from the bond proceeds fund to 1.8 the metropolitan council to design and construct the remaining 1.9 portion of a busway in the northwest metropolitan area from 1.10 downtown Minneapolis to Rogers. Funds may be used for project 1.11 design; roadway and busway construction and reconstruction; 1.12 acquisition of land and right-of-way; to design, construct, 1.13 furnish, and equip transit stations and park and rides; fleet 1.14 acquisition; and station equipment. 1.15 Sec. 2. [BOND SALE.] 1.16 To provide the money appropriated in section 1 from the 1.17 bond proceeds fund, the commissioner of finance shall sell and 1.18 issue bonds of the state in an amount up to $30,000,000 in the 1.19 manner, upon the terms, and with the effect prescribed by 1.20 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.21 Minnesota Constitution, article XI, sections 4 to 7. 1.22 Sec. 3. [EFFECTIVE DATE.] 1.23 Sections 1 and 2 are effective the day following final 1.24 enactment.