HF 2163

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

A bill for an act
relating to capital improvements; appropriating money to the Metropolitan Council
for regional park and open-space land acquisition and improvements; authorizing
the sale and issuance of state bonds.

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

Section 1. REGIONAL PARK AND OPEN-SPACE LAND ACQUISITION.

Subdivision 1.

Appropriation.

$10,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for the cost of improvements and betterments of a capital
nature and acquisition by the council and local government units of regional recreational
open-space lands in accordance with the council's policy plan as provided in Minnesota
Statutes, section 473.147.

Subd. 2.

Bond sale.

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 $10,000,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.