as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to capital improvements; authorizing sale of state bonds; appropriating
money for Red Rock corridor transit way.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,000,000 is appropriated from the bond proceeds
fund to the Department of Transportation for preliminary engineering and environmental
review of the Red Rock corridor transit way between Hastings and Minneapolis via St.
Paul.
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To provide the money appropriated in this section from the
bond proceeds fund, the commissioner of finance 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.
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Section 1 is effective the day following final enactment.
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