as introduced - 90th Legislature (2017 - 2018) Posted on 01/13/2017 10:11am
A bill for an act
relating to capital investment; appropriating money for the Root River State
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from Preston to Forestville; authorizing the sale and issuance of
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state
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bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE
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STATE
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OF MINNESOTA:
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$5,000,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources for construction of the Root River
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State
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under
Minnesota Statutes, section 85.015, from the city of Preston to Forestville
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Park.
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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
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state in an amount up to $5,000,000 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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This section is effective the day following final enactment.
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