1.1 A bill for an act 1.2 relating to capital investment; appropriating money for a segment of the Merriam 1.3 Junction Regional 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. SCOTT COUNTY; MERRIAM JUNCTION REGIONAL TRAIL. 1.6 Subdivision 1.Appropriation.$7,300,000 is appropriated from the bond proceeds fund 1.7to the commissioner of natural resources for a grant to Scott County to acquire property or 1.8interests in property and to predesign, design, and construct approximately 4.3 miles of the 1.9Louisville Segment of the Merriam Junction Regional Trail from the Louisville Swamp 1.10Trailhead located in Louisville Township to the Big Woods Trail located in the city of 1.11Shakopee. 1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.14the state in an amount up to $7,300,000 in the manner, upon the terms, and with the effect 1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.16Constitution, article XI, sections 4 to 7. 1.17 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. REVISOR JSK/LJ 25-0283001/24/25 State of Minnesota This Document can be made available in alternative formats upon request HOUSE OF REPRESENTATIVES H. F. No. 466 NINETY-FOURTH SESSION Authored by Tabke, Bakeberg and Harder02/13/2025 The bill was read for the first time and referred to the Committee on Capital Investment