Minnesota Legislature
SF 167
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Current Version - as introduced
1.6 1.7 1.8 1.9 1.10
1.11 1.12 1.13 1.14 1.15 1.16 1.17
1.18 1.19
A bill for an act
relating to capital improvements; authorizing the sale
of state bonds; appropriating money for the Lake
Koronis Recreational Trail.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin APPROPRIATION.
new text end
new text begin
$365,000 is appropriated from the bond proceeds fund to the
commissioner of natural resources for land acquisition,
engineering, and construction of the Lake Koronis Recreational
Trail.
new text end
Sec. 2. new text begin BOND SALE.
new text end
new text begin
To provide 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 $365,000 in the manner,
upon the terms, and with the effect prescribed in 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
This act is effective the day following enactment.
new text end