as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; appropriating money for the Lower Afton
Trail; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
$450,000 is appropriated from the bond proceeds fund to the Metropolitan Council
for a grant to Ramsey County to design and construct a paved bicycle and pedestrian trail
on the north side of Lower Afton Road between McKnight Road and Point Douglas Road.
To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$450,000 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.
Sections 1 and 2 are effective the day following final enactment.