HF4339

Purpose

• To appropriate funds from the bond proceeds to support the development of three segments of the Gitchi Gami State Trail and to authorize the sale of state bonds to finance this work.

Main Provisions

• Appropriation of 4,500,000 from the bond proceeds fund to the Minnesota Department of Natural Resources (DNR) for trail project development.
• Projects include:
  • Constructing a multiuse paved trail between Arrowhead Electric and Steam Engine Road in the city of Lutsen.
  • Constructing a multiuse paved trail between Superior Shores Road and Flood Bay State Wayside, including a bridge over a coastal wetland and improvements to the Flood Bay State Wayside trailhead and wayside.
  • Predesign and design work for a trail segment between Flood Bay State Wayside and Stewart River.
• Bonding: The money appropriated will be funded by the sale and issuance of state bonds, up to 4,500,000, under the standards of Minnesota law.

Funding and Bonding Details

• Source: Bond proceeds fund.
• Issuer: Commissioner of Management and Budget will sell and issue bonds.
• Bond limits: Up to 4,500,000.
• Legal framework: Bonds issued in accordance with Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Significance and Impact

• Expands capital investment in the Gitchi Gami State Trail by funding construction of new trail segments and related improvements, including a bridge over a coastal wetland and improvements to trail facilities at Flood Bay State Wayside.
• Establishes a clear funding mechanism (bond proceeds) for these trail projects and directs DNR and state budgeting authorities to carry them out.

Related Institutions and Entities (Referenced in Provisions)

• Minnesota Department of Natural Resources (DNR)
• Commissioner of Management and Budget

Relevant Terms Gitchi Gami State Trail, appropriation, bond proceeds fund, 4,500,000 (4.5 million), multiuse paved trail, Arrowhead Electric, Steam Engine Road, Lutsen, Superior Shores Road, Flood Bay State Wayside, coastal wetland, bridge, trailhead, wayside, predesign, design, Stewart River, sale and issuance of bonds, Minnesota Statutes 16A.631 to 16A.675, Minnesota Constitution Article XI sections 4 to 7