SF 2400

as introduced - 89th Legislature (2015 - 2016) Posted on 03/09/2016 09:13am

A bill for an act
relating to capital investment; appropriating money for the Heartland Trail
extension from Park Rapids to Itasca State Park; authorizing the sale and
issuance of state bonds.

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

Section 1. new text begin HEARTLAND TRAIL; PARK RAPIDS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $250,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources to acquire land for and to predesign, design,
and construct an extension of the Heartland Trail, extending from Park Rapids to Itasca
State Park. This appropriation is not available until a route for the trail is selected. $100,000
is appropriated from the bond proceeds fund to the commissioner of natural resources to
acquire property and to predesign, design, construct, and equip a trailhead adjacent to the
Heartland Trail at the intersection of County Highway 4 and 204th Street near Park Rapids.
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 $350,000 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