as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:55am
A bill for an act
relating to capital improvements; appropriating money for the marked Trunk
Highway 169 Corridor Transit Way; authorizing the sale and issuance of state
bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$500,000 is appropriated from the bond proceeds fund to the Metropolitan Council
for a grant to the Scott County Regional Rail Authority for acquisition of land for transit
way purposes, construction, and for a major investment study, including preliminary
engineering and environmental review, of mass transit options along a corridor on or
parallel to marked Trunk Highway 169.
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To provide the money appropriated in section 1 from the bond proceeds fund,
the commissioner of finance shall sell and issue bonds of the state in an amount up to
$500,000 in the manner, upon the terms, and with the effect prescribed by Minnesota
Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI,
sections 4 to 7.
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Sections 1 and 2 are effective the day following final enactment.
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