HF 2370

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act
  1.2             relating to capital improvements; authorizing spending 
  1.3             to construct Edinburgh Trail pedestrian bridge in 
  1.4             Brooklyn Park; authorizing issuance of bonds; 
  1.5             appropriating money. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION.] 
  1.8      $550,000 is appropriated from the transportation fund to 
  1.9   the commissioner of transportation to design and construct a 
  1.10  bicycle and pedestrian bridge over marked trunk highway No. 252 
  1.11  at or near its intersection with 85th avenue north in the city 
  1.12  of Brooklyn Park. 
  1.13     Sec. 2.  [BOND SALE.] 
  1.14     To provide the money appropriated in section 1 from the 
  1.15  transportation fund, the commissioner of finance, on request of 
  1.16  the governor, shall sell and issue bonds of the state in an 
  1.17  amount up to $550,000 in the manner, on the terms, and with the 
  1.18  effect prescribed by Minnesota Statutes, sections 16A.631 to 
  1.19  16A.675, and by the Minnesota Constitution, article XI, sections 
  1.20  4 to 7.  The proceeds of the bonds, except accrued interest and 
  1.21  any premium received on the sale of the bonds, must be credited 
  1.22  to a bond proceeds account in the state transportation fund.  
  1.23     Sec. 3.  [EFFECTIVE DATE.] 
  1.24     Sections 1 and 2 are effective the day following final 
  1.25  enactment.