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Minnesota Legislature

Office of the Revisor of Statutes

SF 88

as introduced - 90th Legislature (2017 - 2018) Posted on 01/12/2017 08:50am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15
1.16

A bill for an act
relating to capital investment; appropriating money for the East Metro Rail Corridor;
authorizing the sale and issuance of state bonds.

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

Section 1. new text beginEAST METRO RAIL CORRIDOR.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,000,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the Ramsey County Regional Railroad
Authority for environmental analysis and design of capital improvements associated with
grade separation of Union Pacific and BNSF track between Westminster Junction and
Division Street/Hoffman Interlocking.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $1,000,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end