HF 2854

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; appropriating money 
  1.3             for capital planning for Blue Earth/Minnesota river 
  1.4             trail acquisition; authorizing the sale of state bonds.
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [CAPITAL PLANNING FOR BLUE EARTH/MINNESOTA 
  1.7   RIVER TRAIL ACQUISITION.] 
  1.8      $250,000 is appropriated from the bond proceeds fund to the 
  1.9   commissioner of natural resources for capital planning for Blue 
  1.10  Earth/Minnesota river trail acquisition.  The trail is to run 
  1.11  along the Blue Earth river from Mankato to the Iowa border and 
  1.12  along the Minnesota river from Mankato to the South Dakota 
  1.13  border.  The commissioner must work with local communities and 
  1.14  citizens for trail planning purposes. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated in this act from the 
  1.17  state bond proceeds fund, the commissioner of finance, on 
  1.18  request of the governor, shall sell and issue bonds of the state 
  1.19  in an amount up to $250,000 in the manner, upon the terms, and 
  1.20  with the effect prescribed by Minnesota Statutes, sections 
  1.21  16A.631 to 16A.675, and by the Minnesota Constitution, article 
  1.22  XI, sections 4 to 7. 
  1.23     Sec. 3.  [EFFECTIVE DATE.] 
  1.24     This act is effective the day following final enactment.