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HF 2467

as introduced - 92nd Legislature (2021 - 2022) Posted on 04/06/2021 11:31am

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

Bill Text Versions

Engrossments
Introduction Posted on 04/06/2021

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
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1.16

A bill for an act
relating to capital investment; appropriating money for a public realm land bridge
over Shepard Road in St. Paul; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginRIVERSEDGE PUBLIC REALM; ST. PAUL.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $40,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to Ramsey
County to predesign, design, engineer, construct, furnish, and equip a public realm land
bridge in the city of St. Paul over a portion of Shepard Road and adjacent rail lines, including
related infrastructure.
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 $40,000,000 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