HF 1530

as introduced - 94th Legislature (2025 - 2026) Posted on 02/26/2025 02:52pm

A bill for an act
relating to capital investment; appropriating money for La Lake Park in the city
of Woodbury; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin WOODBURY; LA LAKE PARK.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,000,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to the city of Woodbury to design, construct, and
equip facilities and infrastructure for La Lake Park. This appropriation includes money for
an open-air shelter with restrooms, picnic areas, trails and a trailhead, and for other site
improvements and amenities. This appropriation also includes money for stormwater
management infrastructure and natural resource site improvements to protect water quality
and enhance ecosystem health.
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 $2,000,000 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