1.1 A bill for an act
1.2 relating to capital investment; appropriating money for improvements to the regional
1.3 trail system in Hennepin County; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. THREE RIVERS PARK DISTRICT; REGIONAL TRAIL NETWORK
1.6SAFETY, STEWARDSHIP, AND EXPANSION PROJECT.
1.7 Subdivision 1.Appropriation.$25,000,000 is appropriated from the bond proceeds
1.8fund to the Metropolitan Council for a grant to Three Rivers Park District to design, construct,
1.9reconstruct, and extend the useful life of 52 miles of regional trails in Hennepin County.
1.10The project will result in construction of 10.7 miles of new regional trails, reconstruction
1.11of 11.4 miles of existing regional trails, and life-extension treatments of 30.2 miles of trails.
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 $25,000,000 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.
25-03606 as introduced02/10/25 REVISOR JSK/AC
SENATE
STATE OF MINNESOTA
S.F. No. 1542NINETY-FOURTH SESSION
(SENATE AUTHORS: PHA, Johnson Stewart and Westlin)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/17/2025
Referred to Capital Investment