Bill Text: MN HF713 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Hennepin County; Lake Street Transit Station funding provided, bonds issued, and money appropriated.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Introduced - Dead) 2013-02-20 - Introduction and first reading, referred to Transportation Finance [HF713 Detail]
Download: Minnesota-2013-HF713-Introduced.html
1.2relating to capital investment; appropriating money for the Lake Street Transit
1.3Station; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. LAKE STREET TRANSIT STATION.
1.6 Subdivision 1. Appropriation. $6,750,000 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to Hennepin County for design, right-of-way
1.8acquisition, and construction of a transit station in the Lake Street area at marked Interstate
1.9Highway 35W in the city of Minneapolis.
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 $6,750,000 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.
1.3Station; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. LAKE STREET TRANSIT STATION.
1.6 Subdivision 1. Appropriation. $6,750,000 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to Hennepin County for design, right-of-way
1.8acquisition, and construction of a transit station in the Lake Street area at marked Interstate
1.9Highway 35W in the city of Minneapolis.
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 $6,750,000 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.
