HF 2140

as introduced - 91st Legislature (2019 - 2020) Posted on 03/07/2019 02:47pm

A bill for an act
relating to capital investment; appropriating money for a multimodal trailhead
center in Silver Bay; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SILVER BAY; TRAILHEAD CENTER.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,900,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources for a grant to the city of Silver Bay to predesign,
design, construct, furnish, and equip a multimodal trailhead center for the various hiking,
bicycling, snowmobile, and all-terrain vehicle trails that converge in the area. The center
includes separated trail access for motorized and nonmotorized users and open space for
trail users, parking, a wayside rest area, and a new trailhead center building that includes
lavatories and showers. This appropriation is not available until the commissioner of
management and budget determines that at least an equal amount has been committed from
other sources to complete the project. The nonstate contribution may be made in-kind.
In-kind contributions may include removal of the existing building and site preparation,
whether begun before or after the effective date of this section.
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 $1,900,000 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