Bill Text: MN HF12 | 2013-2014 | 88th Legislature | Introduced

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Bill Title: Isle; Malone Island Bridge funding provided, bonds issued, and money appropriated.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2013-01-10 - Introduction and first reading, referred to Transportation Finance [HF12 Detail]

Download: Minnesota-2013-HF12-Introduced.html

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A bill for an act

relating to capital investment; appropriating money for the Malone Island Bridge
in the city of Isle; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

    Section 1. MALONE ISLAND BRIDGE.
    Subdivision 1. Appropriation. $800,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for a grant to the city of Isle for demolition and
construction necessary to replace the Malone Island Bridge, including the replacement
of accompanying water and sewer lines.
    Subd. 2. Bond sale. 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 $800,000 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.
EFFECTIVE DATE.This section is effective the day following final enactment.