SF136

Purpose

• The bill aims to support capital investment for outdoor recreation by providing a grant for capital improvements to the Blue Ox all-terrain vehicle (ATV) trail systems in Koochiching County. It does this by authorizing the sale of state bonds and allocating funding from the bond proceeds fund.

Main Provisions

• Subdivision 1 – Appropriation:
  • An amount of 1,000,000 is appropriated from the bond proceeds fund to the commissioner of natural resources.
  • The funds are for a grant to Koochiching County to support capital improvements to the Blue Ox ATV trail systems in Koochiching County.
  • This appropriation is exempt from the requirements under Minnesota Statutes section 16A.86, subdivision 4.
• Subdivision 2 – Bond sale:
  • To provide the money, the commissioner of management and budget shall sell and issue state bonds in an amount up to 1,000,000.
  • Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.

Significant Changes to Existing Law

• Provides an exemption from Minnesota Statutes section 16A.86 subdivision 4 for this specific appropriation.
• Creates authorization and process to issue up to 1,000,000 in state bonds to fund the appropriation, aligning with the cited bonding statutes and constitutional provisions.

Administration and Funding Details

• Funding source: bond proceeds fund.
• Recipient: Koochiching County (grant to support capital improvements to the Blue Ox ATV trail systems).
• Implementing agencies: Minnesota Department of Natural Resources (for the grant) and the Commissioner of Management and Budget (for issuing the bonds).

Relevant Terms

• bond proceeds fund
• appropriation
• grant
• capital improvements
• Blue Ox ATV trail systems
• Koochiching County
• Commissioner of Natural Resources
• Commissioner of Management and Budget
• bonds
• state bonds
• Minnesota Statutes 16A.631 to 16A.675
• Minnesota Statutes 16A.86
• Minnesota Constitution Article XI, sections 4 to 7

Relevant Terms - bond proceeds fund - appropriation - grant - capital improvements - Blue Ox ATV trail systems - Koochiching County - Commissioner of Natural Resources - Commissioner of Management and Budget - bonds - state bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Statutes 16A.86 - Minnesota Constitution Article XI (sections 4 to 7)