as introduced - 87th Legislature (2011 - 2012) Posted on 03/15/2012 11:56am
A bill for an act
relating to transportation; appropriating money for city costs of St. Croix River
bridge project; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for a grant to the city of Oak Park Heights, for
capital improvement costs incurred by the city as a result of the trunk highway system
project to construct a new bridge over the St. Croix River.
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To provide the money appropriated in subdivision 1 from the
bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to $1,000,000 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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This section is effective the day following final enactment.
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