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; providing for a 1.3 grant to the city of St. Paul to acquire land for 1.4 right-of-way for Phalen Boulevard and for construction 1.5 of Phalen Boulevard; authorizing issuance of bonds; 1.6 appropriating money. 1.7 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.8 Section 1. [APPROPRIATION.] 1.9 $4,000,000 is appropriated from the bond proceeds fund to 1.10 the commissioner of employment and economic development for a 1.11 grant to the city of St. Paul 1.12 (1) to acquire land for right-of-way for Phalen Boulevard; 1.13 and 1.14 (2) for construction of Phalen Boulevard; 1.15 between Interstate Highway I-35E and Johnson Parkway. 1.16 Sec. 2. [BOND SALE.] 1.17 To provide the money appropriated in section 1 from the 1.18 bond proceeds fund, the commissioner of finance shall sell and 1.19 issue bonds of the state in an amount up to $4,000,000 in the 1.20 manner, on the terms, and with the effect prescribed by 1.21 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.22 Minnesota Constitution, article XI, sections 4 to 7. 1.23 Sec. 3. [EFFECTIVE DATE.] 1.24 Sections 1 and 2 are effective the day following final 1.25 enactment.