as introduced - 88th Legislature (2013 - 2014) Posted on 03/27/2014 02:24pm
Engrossments | ||
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Introduction | Posted on 03/27/2014 |
A bill for an act
relating to capital investment; appropriating money for remediation and site
preparation of the Upper Harbor Terminal in Minneapolis; authorizing the sale
and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the Minneapolis Park and Recreation
Board for environmental remediation, site preparation, shoreline restoration, and other
capital improvements necessary to convert the Upper Harbor Terminal property on the
Mississippi River in Minneapolis from industrial usage to parkland.
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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 $2,000,000 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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