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HF 2905

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to capital investment; authorizing spending to acquire and better public
land and buildings and other improvements of a capital nature; authorizing the
issuance of state bonds; appropriating money for forest bridge replacement.

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

Section 1. FOREST BRIDGES; GEORGE WASHINGTON STATE FOREST,
KABETOGAMA STATE FOREST.

Subdivision 1.

Appropriation.

$710,000 is appropriated from the bond proceeds
fund to commissioner of natural resources to replace and upgrade two bridges in George
Washington State Forest.

Subd. 2.

Appropriation.

$325,000 is appropriated from the bond proceeds fund to
the commissioner of natural resources to replace and upgrade one bridge in Kabetogama
State Forest.

Subd. 3.

Bond sale.

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 $1,035,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.