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HF 3111

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/03/2022 03:30pm

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

A bill for an act
relating to capital investment; appropriating money for the final trail segment of
the Glacial Lakes Trail; authorizing the sale and issuance of state bonds.


Section 1. new text beginGLACIAL LAKES TRAIL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,750,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to design and construct the final trail segment for
the Glacial Lakes Trail, established under Minnesota Statutes, section 85.015, subdivision
5, between the city of New London and Sibley State Park.
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 $4,750,000 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