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Minnesota Legislature

Office of the Revisor of Statutes

SF 1000

as introduced - 91st Legislature (2019 - 2020) Posted on 02/07/2019 03:21pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for trail segments of the Perham
to Pelican Rapids Regional Trail; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginOTTER TAIL COUNTY; PERHAM TO PELICAN RAPIDS REGIONAL
TRAIL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,768,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources for a grant to Otter Tail County to acquire
right-of-way and to predesign, design, engineer, and construct the Silent Lake and McDonald
Lake segments of the Perham to Pelican Rapids Regional Trail, which goes from the north
boundary of Maplewood State Park to the intersection of County State-Aid Highway 34
and County State-Aid Highway 35. This appropriation is available when the commissioner
of management and budget determines that sufficient resources have been committed to
complete the project, as required by Minnesota Statutes, section 16A.502.
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 $4,768,000 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