Bill Text: MN SF2045 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Faribault Mill Towns state trail segment development bond issue and appropriation
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2014-04-04 - Author added Dahle [SF2045 Detail]
Download: Minnesota-2013-SF2045-Introduced.html
1.2relating to capital investment; appropriating money for a segment of the Mill
1.3Towns State Trail in Faribault; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MILL TOWNS STATE TRAIL.
1.6 Subdivision 1. Appropriation. $1,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources to acquire land or an interest in land for,
1.8and to construct the segment of the Mill Towns State Trail along Trunk Highway 21 from
1.917th Street NW to the White Sands Trail Head facility in Faribault, including bridge work
1.10over the Cannon River.
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 $1,000,000 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.
1.3Towns State Trail in Faribault; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MILL TOWNS STATE TRAIL.
1.6 Subdivision 1. Appropriation. $1,000,000 is appropriated from the bond proceeds
1.7fund to the commissioner of natural resources to acquire land or an interest in land for,
1.8and to construct the segment of the Mill Towns State Trail along Trunk Highway 21 from
1.917th Street NW to the White Sands Trail Head facility in Faribault, including bridge work
1.10over the Cannon River.
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 $1,000,000 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.
