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HF 992

as introduced - 87th Legislature (2011 - 2012) Posted on 03/09/2011 10:00am

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

Bill Text Versions

Engrossments
Introduction Posted on 03/09/2011

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13

A bill for an act
relating to state lands; requiring sale or exchange of riparian school trust lands in
St. Louis County.

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

Section 1. new text begin RIPARIAN SCHOOL TRUST LANDS; ST. LOUIS COUNTY.
new text end

new text begin To ensure equitable results for the permanent school fund in the exchange of riparian
lands under Minnesota Statutes, section 94.342, subdivision 7, all riparian school trust
lands in St. Louis County shall no later than June 30, 2014, be sold at public auction for
no less than the land's appraised value, exchanged for nonriparian land of equal or greater
value, or acquired by condemnation. Delineation of riparian land to be sold or exchanged
under this section shall, to the greatest extent practicable:
new text end

new text begin (1) correspond with existing land surveys; and
new text end

new text begin (2) preserve nonriparian land to generate revenue for the permanent school fund.
new text end