SF 5505

as introduced - 93rd Legislature (2023 - 2024) Posted on 05/02/2024 04:23pm

A bill for an act
relating to capital investment; appropriating money for Phase 2 of a multiuse trail
to connect Itasca State Park to the Heartland Trail; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin HEARTLAND STATE TRAIL CONNECTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,250,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to acquire land for and to construct a paved multiuse
trail segment to connect Itasca State Park to the Heartland Trail, beginning from about two
miles east of the Heartland Trail Phase 1 tunnel under marked Highway 71 and proceeding
in a direction toward the city of Emmaville. This appropriation is also for the environmental
review, predesign, design, and construction of a paved multiuse trail and a trailhead in the
city of Emmaville at the trail junction with the Heartland Trail.
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 $6,250,000 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