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SF 2323

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/08/2021 09:11am

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

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14

A bill for an act
relating to capital investment; appropriating money for the Rush Line Corridor
Transitway; authorizing the sale and issuance of state bonds.


Section 1. new text beginRUSH LINE CORRIDOR TRANSITWAY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,500,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to the Ramsey County Regional Railroad Authority
for predesign and design, including environmental work, of the Rush Line Corridor
Transitway from the Union Depot in the city of St. Paul to the city of White Bear Lake.
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 $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.
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