as introduced - 89th Legislature (2015 - 2016) Posted on 03/17/2016 02:41pm
A bill for an act
relating to transportation; capital investment; appropriating money to extend the
Northstar commuter rail line from Big Lake to St. Cloud; authorizing the sale
and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,000,000 is appropriated from the bond
proceeds fund to the commissioner of transportation for environmental analysis, design,
engineering, negotiations with the Burlington Northern Santa Fe Railway, and acquisition
of real property or interests in real property, to extend the Northstar commuter rail line
from Big Lake to the St. Cloud area.
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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 $1,000,000 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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