Bill Text: MN HF2038 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Bottineau light rail transit (LRT) project funding provided, bonds issued, and money appropriated.

Sponsorship: Partisan Bill (Democrat 11)

Status: (Introduced - Dead) 2014-02-27 - Author added Freiberg [HF2038 Detail]

Download: Minnesota-2013-HF2038-Introduced.html

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

1.5    Section 1. BOTTINEAU LRT.
1.6    Subdivision 1. Appropriation. $18,000,000 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to the Hennepin County Regional Railroad
1.8Authority for environmental analysis and project development, including predesign, for
1.9the Bottineau LRT project, also known as the Metro Blue Line extension.
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 $18,000,000 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.
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