1.1 A bill for an act
1.2 relating to capital investment; appropriating money for capital improvements to
1.3 all-terrain vehicle trail systems in Koochiching County; authorizing the sale and
1.4 issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. KOOCHICHING COUNTY; ALL-TERRAIN VEHICLE TRAIL
1.7SYSTEMS.
1.8 Subdivision 1.Appropriation.$1,000,000 is appropriated from the bond proceeds fund
1.9to the commissioner of natural resources for a grant to Koochiching County for capital
1.10improvements to the Blue Ox all-terrain vehicle trail systems in Koochiching County. This
1.11appropriation is exempt from the requirements under Minnesota Statutes, section 16A.86,
1.12subdivision 4.
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 $1,000,000 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.
25-00088 as introduced10/07/24 REVISOR JSK/DG
SENATE
STATE OF MINNESOTA
S.F. No. 136NINETY-FOURTH SESSION
(SENATE AUTHORS: HAUSCHILD)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/16/2025
Referred to Capital Investment