SF 2886

as introduced - 91st Legislature (2019 - 2020) Posted on 05/15/2019 04:19pm

A bill for an act
relating to capital investment; appropriating money for Mississippi River habitat
and public water access; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNEAPOLIS PARK AND RECREATION BOARD; MISSISSIPPI
RIVER HABITAT AND PUBLIC ACCESS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,000,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to the Minneapolis Park and Recreation Board to
provide habitat enhancement, restoration, and public water access to the Mississippi River
above St. Anthony Falls in Minneapolis. Projects would create habitat zones for migrating,
nesting, and aquatic species and would improve the recreational value of land along the
river.
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 $4,000,000 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.
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