SF 80

as introduced - 84th Legislature, 2005 1st Special Session (2005 - 2005) Posted on 12/15/2009 12:00am

A bill for an act
relating to capital improvements; authorizing state
bonds; appropriating money for land acquisition along
the metropolitan Mississippi River.

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

Section 1. new text begin APPROPRIATION.
new text end

new text begin (a) $4,000,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to acquire key
bluffland parcels along both sides of the Mississippi River
National Recreation Area, from Anoka to Hastings.
new text end

new text begin (b) Of the amount appropriated in clause (a), $1,750,000 is
for a grant to the city of St. Paul to acquire the bluffland in
Henry Park.
new text end

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

new text begin To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue
bonds of the state in an amount up to $4,000,000 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.
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