1.1 A bill for an act
1.2 relating to capital investment; appropriating money for a trail segment of the
1.3 Mesabi Trail; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. MESABI TRAIL.
1.6 Subdivision 1.Appropriation.$3,000,000 is appropriated from the bond proceeds fund
1.7to the commissioner of natural resources for a grant to the St. Louis and Lake Counties
1.8Regional Railroad Authority to predesign, design, engineer, and construct a trail segment
1.9of the Mesabi Trail with a pedestrian bridge to relocate a segment of the Mesabi Trail due
1.10to a permanent closure of County State-Aid Highway 102 in the city of Mountain Iron.
1.11 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.12proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.13the state in an amount up to $3,000,000 in the manner, upon the terms, and with the effect
1.14prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.15Constitution, article XI, sections 4 to 7.
1.16 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
REVISOR JSK/KR 25-0128112/10/24
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 1787
NINETY-FOURTH SESSION
Authored by Warwas and Skraba03/03/2025
The bill was read for the first time and referred to the Committee on Capital Investment