Bill Text: MN SF2248 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Big Rivers regional trail bond issue and appropriation

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2014-03-03 - Referred to Finance [SF2248 Detail]

Download: Minnesota-2013-SF2248-Introduced.html

1.1A bill for an act
1.2relating to capital investment; appropriating money for the Big Rivers Regional
1.3Trail; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5    Section 1. BIG RIVERS REGIONAL TRAIL TRAILHEAD.
1.6    Subdivision 1. Appropriation. $787,500 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to Dakota County to design, construct, and
1.8equip site improvements for the Big Rivers Regional Trail Trailhead, including an expanded
1.9parking lot, restroom facilities, picnic area, and other improvements of a capital nature.
1.10    Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.11bond proceeds fund, the commissioner of management and budget shall sell and issue
1.12bonds of the state in an amount up to $787,500 in the manner, upon the terms, and with
1.13the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.14Minnesota Constitution, article XI, sections 4 to 7.
1.15EFFECTIVE DATE.This section is effective the day following final enactment.
feedback