Bill Text: MN SF2365 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Washington county Red Rock corridor transit way project grant bond issue and appropriation
Sponsorship: Partisan Bill (Democrat 3)
Status: (Introduced - Dead) 2014-03-06 - Referred to Finance [SF2365 Detail]
Download: Minnesota-2013-SF2365-Introduced.html
1.2relating to capital investment; appropriating money for the Red Rock Corridor
1.3transit way; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RED ROCK CORRIDOR TRANSIT WAY.
1.6 Subdivision 1. Appropriation. $1,000,000 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to the Washington County Regional Railroad
1.8Authority to perform engineering and environmental analysis, acquire real property or
1.9interest in real property, and design or construct facilities and infrastructure for the Red
1.10Rock Corridor transit way.
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.
1.3transit way; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. RED ROCK CORRIDOR TRANSIT WAY.
1.6 Subdivision 1. Appropriation. $1,000,000 is appropriated from the bond proceeds
1.7fund to the Metropolitan Council for a grant to the Washington County Regional Railroad
1.8Authority to perform engineering and environmental analysis, acquire real property or
1.9interest in real property, and design or construct facilities and infrastructure for the Red
1.10Rock Corridor transit way.
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.
