as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital improvements; authorizing state 1.3 bonds; appropriating money for the Northstar commuter 1.4 rail line. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [NORTHSTAR COMMUTER RAIL LINE; APPROPRIATION.] 1.7 $123,300,000 is appropriated from the bond proceeds fund to 1.8 the commissioner of transportation for planning, design, 1.9 engineering, real property acquisition, right-of-way leasing, 1.10 construction, and equipment of the Northstar commuter rail line 1.11 between the city of Rice and downtown Minneapolis. 1.12 Sec. 2. [BOND SALE.] 1.13 To provide the money appropriated in section 1 from the 1.14 bond proceeds fund, the commissioner of finance shall sell and 1.15 issue bonds of the state in an amount up to $123,300,000 in the 1.16 manner, on the terms, and with the effect prescribed by 1.17 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.18 Minnesota Constitution, article XI, sections 4 to 7. 1.19 Sec. 3. [EFFECTIVE DATE.] 1.20 Section 1 is effective the day following final enactment.