as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/22/2008 |
A bill for an act
relating to capital investment; authorizing spending to acquire and better public
land and buildings and other improvements of a capital nature; authorizing the
issuance of state bonds; appropriating money for the city of Thief River Falls
pedestrian and bicycle pathways system.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$340,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the
city of Thief River Falls to acquire land, predesign, design, construct, furnish, and equip
phase 1 of the city's pedestrian and bicycle pathways system, as described in the city's
adopted comprehensive plan. Phase 1 is to connect the Ralph Engelstad Arena, Arctic Cat,
and Digi-Key to the city's existing Riverwalk pedestrian walkway and then to Northland
Community and Technical College and the Multi-Events Center. This appropriation is not
available until the commissioner of finance determines that at least $50,000 is committed
to the project from nonstate resources. The nonstate contribution may be in kind.
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To provide the money appropriated by subdivision 1 from the
bond proceeds fund, the commissioner of finance shall sell and issue bonds of the state in
an amount up to $340,000 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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