as introduced - 92nd Legislature (2021 - 2022) Posted on 01/28/2021 02:20pm
A bill for an act
relating to capital investment; appropriating money for the Gitchi Gami State Trail;
authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$3,500,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources for acquisition and development, including
engineering and design of the Gitchi Gami State Trail priority segments: Lutsen from Ski
Hill Road, Tofte, Silver Bay to Tettegouche State Park, and Two Harbors to Flood Bay
State Wayside.
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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 $3,500,000 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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