HF 2154

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing state 
  1.3             bonds; appropriating money for completion of the Grand 
  1.4             Rounds National Scenic Byway trail in the city of 
  1.5             Minneapolis. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $250,000 is appropriated from the bond proceeds fund to the 
  1.9   commissioner of employment and economic development to make a 
  1.10  grant to Minneapolis Park and Recreation Board to develop a plan 
  1.11  to complete the Grand Rounds National Scenic Byway by providing 
  1.12  a link between northeast Minneapolis on Stinson Avenue and 
  1.13  Southeast Minneapolis at East River Road. 
  1.14     Sec. 2.  [BOND SALE.] 
  1.15     To provide the money appropriated by section 1 from the 
  1.16  bond proceeds fund, the commissioner of finance shall sell and 
  1.17  issue bonds of the state in an amount up to $250,000 in the 
  1.18  manner, upon the terms, and with the effect prescribed by 
  1.19  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.20  Minnesota Constitution, article XI, sections 4 to 7. 
  1.21     Sec. 3.  [EFFECTIVE DATE.] 
  1.22     This act is effective the day following final enactment.