as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to capital improvements; authorizing spending 1.3 to acquire and to better public land and other public 1.4 improvements of a capital nature; authorizing issuance 1.5 of state bonds; appropriating money to relocate and 1.6 extend Pierce Butler Avenue in the city of St. Paul, 1.7 and for right-of-way purchase. 1.8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.9 Section 1. [APPROPRIATION.] 1.10 $13,500,000 is appropriated from the bond proceeds fund to 1.11 the commissioner of trade and economic development for a grant 1.12 to the city of St. Paul for phase one of a project to relocate 1.13 and extend Pierce Butler Avenue. Of this amount, $3,000,000 is 1.14 for right-of-way purchase. 1.15 Sec. 2. [BOND SALE.] 1.16 To provide the money appropriated in section 1 from the 1.17 bond proceeds fund, the commissioner of finance shall sell and 1.18 issue bonds of the state in an amount up to $13,500,000, in the 1.19 manner, on the terms, and with the effect prescribed by 1.20 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.21 Minnesota Constitution, article XI, sections 4 to 7. 1.22 Sec. 3. [EFFECTIVE DATE.] 1.23 Sections 1 and 2 are effective the day following final 1.24 enactment.