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SF 2153

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

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

Current Version - as introduced

  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.