as introduced - 89th Legislature (2015 - 2016) Posted on 01/27/2015 09:46am
A bill for an act
relating to capital investment; appropriating money for the Foley Boulevard
Northstar commuter rail station; 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 Metropolitan Council for a grant to the Anoka County Regional Rail Authority
for environmental analysis, design, engineering, negotiations with the Burlington
Northern Santa Fe Railway, acquisition of real property or interests in real property, and
construction of related infrastructure and other improvements of a capital nature for the
Foley Boulevard Northstar commuter rail station.
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To provide the money appropriated in this section 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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