1.1 A bill for an act
1.2 relating to capital investment; appropriating money for the Grand Rounds Missing
1.3 Link trail connection in the city of Minneapolis; authorizing the sale and issuance
1.4 of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MINNEAPOLIS PARK AND RECREATION BOARD; GRAND ROUNDS
1.7MISSING LINK.
1.8 Subdivision 1.Appropriation.$6,800,000 is appropriated from the bond proceeds fund
1.9to the Metropolitan Council for a grant to the Minneapolis Park and Recreation Board to
1.10design and construct trail connections and associated improvements for the Grand Rounds
1.11Missing Link on the east side of the city of Minneapolis between East River Road and St.
1.12Anthony Parkway.
1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.14proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.15the state in an amount up to $6,800,000 in the manner, upon the terms, and with the effect
1.16prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.17Constitution, article XI, sections 4 to 7.
1.18 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
REVISOR JSK/DG 25-0495203/14/25
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 2718
NINETY-FOURTH SESSION
Authored by Jordan and Noor03/24/2025
The bill was read for the first time and referred to the Committee on Capital Investment