as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 02/04/2002 |
1.1 A bill for an act 1.2 relating to railroads; appropriating money for the 1.3 Northstar commuter rail line. 1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. [NORTHSTAR COMMUTER RAIL LINE; APPROPRIATION.] 1.6 $120,000,000 is appropriated from the bond proceeds fund to 1.7 the commissioner of transportation for planning, design, 1.8 engineering, real property acquisition, right-of-way leasing, 1.9 construction, and equipment of the Northstar commuter rail line 1.10 between the city of Rice and downtown Minneapolis. 1.11 Sec. 2. [BOND SALE.] 1.12 To provide the money appropriated in section 1 from the 1.13 bond proceeds fund, the commissioner of finance shall sell and 1.14 issue bonds of the state in an amount up to $120,000,000 in the 1.15 manner, on the terms, and with the effect prescribed by 1.16 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.17 Minnesota Constitution, article XI, sections 4 to 7. 1.18 Sec. 3. [EFFECTIVE DATE.] 1.19 Section 1 is effective the day following final enactment.