as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/15/2006 |
A bill for an act
relating to capital improvements; appropriating money for I-35W Bus Rapid
Transit; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$8,300,000 is appropriated from the bond proceeds fund to the Metropolitan
Council for the purposes of this section. $3,300,000 of this appropriation is for design,
preliminary engineering, and construction of passenger facilities for a Bus Rapid Transit
station at 46th Street and Interstate 35W. $5,000,000 of this appropriation is for design,
preliminary engineering, and construction of a park and ride facility for Bus Rapid Transit
at Interstate 35W and 82nd Street.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$8,300,000 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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Sections 1 and 2 are effective the day following final enactment.
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