Bill Text: MN SF749 | 2011-2012 | 87th Legislature | Introduced
Bill Title: St. Paul integrated energy corridor project bond issue and appropriation
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2011-03-29 - Author added Pappas [SF749 Detail]
Download: Minnesota-2011-SF749-Introduced.html
1.2relating to capital improvements; appropriating money for the Integrated Energy
1.3Corridor Project in St. Paul; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION.
1.6$8,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council
1.7for a grant to Ramsey County for the design, engineering, purchase, and construction of
1.8piping for the Integrated Energy Corridor Project on University Avenue from Rice Street
1.9to Hamline Avenue in St. Paul as part of the Central Corridor Light Rail Transit Project.
1.10The Ramsey Rail Authority may enter into a lease or management agreement for the
1.11use of the piping, subject to Minnesota Statutes, section 16A.695. This appropriation
1.12is available when the commissioner has determined that an equal amount has been
1.13committed from nonstate sources.
1.14 Sec. 2. BOND AUTHORIZATION.
1.15To provide the money appropriated in this act from the bond proceeds fund, the
1.16commissioner of management and budget shall sell and issue bonds of the state in an
1.17amount up to $8,000,000 in the manner, upon the terms, and with the effect prescribed by
1.18Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.19article XI, sections 4 to 7.
1.3Corridor Project in St. Paul; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. APPROPRIATION.
1.6$8,000,000 is appropriated from the bond proceeds fund to the Metropolitan Council
1.7for a grant to Ramsey County for the design, engineering, purchase, and construction of
1.8piping for the Integrated Energy Corridor Project on University Avenue from Rice Street
1.9to Hamline Avenue in St. Paul as part of the Central Corridor Light Rail Transit Project.
1.10The Ramsey Rail Authority may enter into a lease or management agreement for the
1.11use of the piping, subject to Minnesota Statutes, section 16A.695. This appropriation
1.12is available when the commissioner has determined that an equal amount has been
1.13committed from nonstate sources.
1.14 Sec. 2. BOND AUTHORIZATION.
1.15To provide the money appropriated in this act from the bond proceeds fund, the
1.16commissioner of management and budget shall sell and issue bonds of the state in an
1.17amount up to $8,000,000 in the manner, upon the terms, and with the effect prescribed by
1.18Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
1.19article XI, sections 4 to 7.
