Bill Text: MN HF2637 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Minneapolis; Penn Avenue infrastructure improvement funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2014-03-03 - Introduction and first reading, referred to Jobs and Economic Development Finance and Policy [HF2637 Detail]
Download: Minnesota-2013-HF2637-Introduced.html
1.2relating to capital investment; appropriating money for infrastructure
1.3improvements along Penn Avenue in Minneapolis; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MINNEAPOLIS; PENN AVENUE.
1.7 Subdivision 1. Appropriation. $5,000,000 is appropriated from the bond proceeds
1.8fund to the Metropolitan Council for a grant to Hennepin County for preliminary and
1.9final design, engineering, and construction of infrastructure improvements along Penn
1.10Avenue North in the city of Minneapolis.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $5,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
1.3improvements along Penn Avenue in Minneapolis; authorizing the sale and
1.4issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MINNEAPOLIS; PENN AVENUE.
1.7 Subdivision 1. Appropriation. $5,000,000 is appropriated from the bond proceeds
1.8fund to the Metropolitan Council for a grant to Hennepin County for preliminary and
1.9final design, engineering, and construction of infrastructure improvements along Penn
1.10Avenue North in the city of Minneapolis.
1.11 Subd. 2. Bond sale. To provide the money appropriated in this section from the
1.12bond proceeds fund, the commissioner of management and budget shall sell and issue
1.13bonds of the state in an amount up to $5,000,000 in the manner, upon the terms, and with
1.14the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the
1.15Minnesota Constitution, article XI, sections 4 to 7.
1.16EFFECTIVE DATE.This section is effective the day following final enactment.
