as introduced - 88th Legislature (2013 - 2014) Posted on 03/24/2014 08:12am
A bill for an act
relating to capital investment; appropriating money for a trail linking the cities of
Perham and Pelican Rapids; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,500,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a grant to Otter Tail County to construct
a trail linking the cities of Pelican Rapids and Perham via Maplewood State Park.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $5,500,000 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.
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This section is effective the day following final enactment.
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