SF 2191

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:35pm

A bill for an act
relating to capital investment; appropriating money for the St. Louis River Trail;
authorizing the sale and issuance of state bonds.

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

Section 1. ST. LOUIS RIVER TRAIL.

Subdivision 1.

Appropriation.

$700,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to Carlton County under
Minnesota Statutes, section 85.019, subdivision 4c, to acquire land for, and to predesign,
design, and construct phases 2 and 3 of a pedestrian and bicycle trail system along the St.
Louis River in Carlton County as a trail connection to the Willard Munger State Trail.

Subd. 2.

Bond sale.

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 $700,000 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.

EFFECTIVE DATE.

This section is effective the day following final enactment.