SF 3171

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to capital improvements; authorizing spending 
  1.3             to acquire and to better public land and other public 
  1.4             improvements of a capital nature; authorizing issuance 
  1.5             of state bonds; appropriating money to relocate and 
  1.6             extend Pierce Butler Avenue in the city of St. Paul, 
  1.7             and for right-of-way purchase. 
  1.8   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.9      Section 1.  [APPROPRIATION.] 
  1.10     $13,500,000 is appropriated from the bond proceeds fund to 
  1.11  the commissioner of trade and economic development for a grant 
  1.12  to the city of St. Paul for phase one of a project to relocate 
  1.13  and extend Pierce Butler Avenue.  Of this amount, $3,000,000 is 
  1.14  for right-of-way purchase. 
  1.15     Sec. 2.  [BOND SALE.] 
  1.16     To provide the money appropriated in section 1 from the 
  1.17  bond proceeds fund, the commissioner of finance shall sell and 
  1.18  issue bonds of the state in an amount up to $13,500,000, in the 
  1.19  manner, on the terms, and with the effect prescribed by 
  1.20  Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
  1.21  Minnesota Constitution, article XI, sections 4 to 7. 
  1.22     Sec. 3.  [EFFECTIVE DATE.] 
  1.23     Sections 1 and 2 are effective the day following final 
  1.24  enactment.