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HF 2838

as introduced - 89th Legislature (2015 - 2016) Posted on 03/10/2016 03:11pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to economic development; transferring money to the city of Grand
Rapids for preliminary work on rail line in Itasca County.

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

Section 1. new text begin FREIGHT RAIL CONSTRUCTION DESIGN; CITY OF GRAND
RAPIDS.
new text end

new text begin The commissioner of employment and economic development shall transfer
$3,000,000 from the Minnesota minerals 21st century fund to the commissioner of the
Iron Range Resources and Rehabilitation Board for a grant or forgivable loan to the
city of Grand Rapids for planning, design, and preliminary engineering relating to the
construction of a freight rail line located in the counties of Itasca, St. Louis, and Lake
to serve local producers and shippers. The city of Grand Rapids shall collaborate with
the Itasca Economic Development Corporation and the Itasca County Regional Railroad
Authority in the activities funded with the proceeds of this grant. This transfer is available
until June 30, 2019.
 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