as introduced - 87th Legislature (2011 - 2012) Posted on 02/16/2012 10:08am
A bill for an act
relating to capital investment; appropriating money for the Bottineau Boulevard
Transit Way corridor; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,500,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the Hennepin County Regional Railroad
Authority for environmental analysis and project development for the Bottineau Boulevard
Transit Way corridor from the Target Field station in downtown Minneapolis to the
vicinity of the Target development in northern Brooklyn Park or the Arbor Lakes retail
area in Maple Grove.
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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 $2,500,000 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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