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Minnesota Legislature

Office of the Revisor of Statutes

SF 2298

as introduced - 90th Legislature (2017 - 2018) Posted on 04/03/2017 08:45am

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

Current Version - as introduced

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1.17

A bill for an act
relating to capital investment; appropriating money for stabilization and restoration
of areas along the Mississippi River in Lilydale Regional Park in St. Paul;
authorizing the sale and issuance of state bonds.

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

Section 1. new text beginST. PAUL; LILYDALE REGIONAL PARK.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,000,000 is appropriated from the bond proceeds fund
to the Board of Water and Soil Resources for a grant to the city of St. Paul to design, engineer,
stabilize, and restore the slopes and ravines in Lilydale Regional Park to mitigate erosion
and improve water quality in Pickerel Lake and the Mississippi River. This appropriation
does not require a nonstate contribution.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $1,000,000 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.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end