as introduced - 89th Legislature (2015 - 2016) Posted on 04/07/2015 11:10am
A bill for an act
relating to capital investment; appropriating money for the Wagon Wheel Trail;
authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,500,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to the city of La Crescent to
predesign, design, and construct the Wagon Wheel Trail, including a bike and pedestrian
bridge or underpass, in La Crescent.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $2,500,000 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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