SF4892

Purpose

This bill would use state funds to rehabilitate a segment of the Willard Munger State Trail and would authorize the sale of state bonds to pay for the project.

Main Provisions

• Appropriation: It would appropriate $5,250,000 from the bond proceeds fund to the Commissioner of Natural Resources to design and construct improvements needed to rehabilitate the Willard Munger State Trail system, specifically the segment between Hinckley and Finlayson in Pine County.
• Bond Sale: It would require the Commissioner of Management and Budget to sell and issue state bonds in an amount up to $5,250,000, under the terms and effects described in Minnesota statutes sections 16A.631 to 16A.675 and in the Minnesota Constitution, Article XI, sections 4 to 7.

Significant Changes to Existing Law

• This bill creates a new, dedicated capital investment appropriation for the Willard Munger State Trail rehabilitation and authorizes the issuance of bonds to fund it. The funding comes from the bond proceeds fund and uses existing bonding statutes and constitutional provisions; no other policy changes to the law are specified.

---

Relevant Terms - Willard Munger State Trail - Pine County - Hinckley - Finlayson - rehabilitation - design and construction - bond proceeds fund - bonds / bond sale - Minnesota Statutes 85.015 subdivision 14 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7