Minnesota Legislature
HF 191
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
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A bill for an act
relating to capital improvements; authorizing the
issuance of state bonds; appropriating money for the
Central Corridor Transit Way.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin CENTRAL CORRIDOR TRANSIT WAY; APPROPRIATION.
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$5,250,000 is appropriated from the bond proceeds fund to
the metropolitan council for planning, final environmental
impact statement, and preliminary engineering of the Central
Corridor Transit Way between St. Paul and the city of
Minneapolis.
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Sec. 2. new text begin BOND SALE.
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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 $5,250,000 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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Sec. 3. new text begin EFFECTIVE DATE.
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Section 1 is effective the day following final enactment.
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