HF 415

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing the
issuance of state bonds; appropriating money for lands
and interest in lands in or adjacent to state forests.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION.
new text end

new text begin (a) $3,300,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to acquire private
lands and interests in lands from willing sellers within
established boundaries of state forests established under
Minnesota Statutes, section 89.021, and within Forest Legacy
Areas established under United States Code, title 16, section
2103c.
new text end

new text begin (b) Of the amount appropriated in paragraph (a), $2,000,000
is to match federal forest legacy funds to acquire conservation
easements on forest land within and adjacent to state forest
land.
new text end

Sec. 2. new text begin BOND SALE AUTHORIZATION.
new text end

new text begin 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 to $3,300,000 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.
new text end

Sec. 3. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 and 2 are effective the day following final
enactment.
new text end