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Minnesota Legislature

Office of the Revisor of Statutes

HF 2533

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:31pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 01/08/2010

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for the Minneapolis
Transportation Interchange Facility; authorizing the sale and issuance of state
bonds.

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

Section 1. new text beginMINNEAPOLIS TRANSPORTATION INTERCHANGE FACILITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $8,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the Hennepin County Regional Rail
Authority to match federal funds for environmental analysis, engineering, design,
acquisition of real property or interests in real property, and site preparation for the
Minneapolis Transportation Interchange Facility located in the vicinity of the confluence
of the Hiawatha light rail line and the Northstar commuter rail line.
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 $8,000,000 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.
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