HF 2618

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; appropriating money for improvements in the
Red Lake River Corridor; authorizing the sale of state bonds.

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

Section 1. new text begin RED LAKE RIVER CAPITAL IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $910,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for the purposes specified in this section.
new text end

new text begin (a) $300,000 is for a grant to the Red Lake Watershed District for erosion assessment
and completion of erosion control and buffer strip projects along the Red Lake River.
new text end

new text begin (b) $610,000 is for a grant to the Red Lake River Corridor Joint Powers Board to
enhance signage, campsites, river accesses, and portages along the Red Lake River.
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 act from the bond
proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an
amount up to $910,000 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

Sec. 2. new text begin EFFECTIVE DATE.
new text end

new text begin This act is effective the day following final enactment.
new text end