as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/16/2006 |
A bill for an act
relating to capital improvements; appropriating money for Cedar Avenue Bus
Rapid Transit Corridor; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council
for environmental studies, preliminary engineering, bus lane improvements, and transit
station construction and improvements in the Cedar Avenue Bus Rapid Transit Corridor.
This appropriation may not be spent for capital improvements within a trunk highway
right-of-way.
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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
$5,000,000 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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Sections 1 and 2 are effective the day following final enactment.
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