Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

HF 2949

as introduced - 89th Legislature (2015 - 2016) Posted on 03/31/2016 04:30pm

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15
1.16

A bill for an act
relating to capital investment; appropriating money for the Dakota Rail Regional
Trail; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin DAKOTA RAIL REGIONAL TRAIL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $900,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant under Minnesota Statutes,
section 85.019, subdivision 4b, to the city of Lester Prairie to construct an extension of the
Dakota Rail Regional Trail from the Carver County line to McLeod County State-Aid
Highway (CSAH) 1 in Lester Prairie.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $900,000 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.
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