Loading chat...
MN SF2081
Bill
Status
2/27/2012
Primary Sponsor
Amy Koch
Click for details
AI Summary
-
Appropriates $6,100,000 from bond proceeds to the Commissioner of Natural Resources for a grant to Wright County and the city of Monticello to jointly acquire 551 acres of land in the Bertram Chain of Lakes region.
-
Land acquisition includes shoreline along the north end of Long Lake and the entire shoreline of three undeveloped lakes in the Bertram Chain of Lakes for development as a regional park.
-
Funds are contingent on Wright County and Monticello entering into a joint powers agreement under Minnesota Statutes section 471.59 and establishing a joint powers board to govern the facilities, with each entity owning 50 percent interest as tenants in common.
-
Requires commitment of sufficient funds from nonstate sources to complete the land purchase before appropriated funds become available.
-
Authorizes the Commissioner of Management and Budget to sell and issue up to $6,100,000 in state bonds according to Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI, sections 4 to 7.
Legislative Description
Wright county and Monticello Bertram chain of lakes regional park grant bond issue and appropriation
Last Action
Referred to Capital Investment
2/27/2012