Loading chat...
MN HF2231
Bill
Status
2/25/2014
Primary Sponsor
Ron Erhardt
Click for details
AI Summary
-
Authorizes the Metropolitan Council to issue certificates of indebtedness, bonds, or other obligations totaling up to $75,300,000 for transit and paratransit capital expenditures and related issuance costs.
-
Permits $37,000,000 in obligations to be issued after July 1, 2014, and an additional $38,300,000 after July 1, 2015.
-
Obligations must be used for capital expenditures prescribed in the council's transit capital improvement program.
-
Applies to Anoka, Carver, Dakota, Hennepl, Ramsey, Scott, and Washington counties.
-
Effective the day following final enactment.
Legislative Description
Metropolitan area transit and paratransit capital expenditure additional financing provided, and obligations issued.
Last Action
Author added Loeffler
3/20/2014