as introduced - 86th Legislature (2009 - 2010) Posted on 02/10/2010 03:43pm
Engrossments | ||
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Introduction | Posted on 02/10/2010 |
A bill for an act
relating to capital investment; appropriating money for a public parking facility
at Bloomington Central Station in the city of Bloomington; authorizing the sale
and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$20,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the city of Bloomington to design and
construct a public parking facility that would provide additional park and ride parking
for the Hiawatha Light Rail Transit line and would further facilitate private investment in
high-density, transit-oriented development at Bloomington Central Station.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $20,000,000 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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