SF247

This bill, titled SF No 247, proposes to allocate $10,000,000 from the state’s bond proceeds fund. This money will be used by the commissioner of natural resources to purchase private lands currently within established state parks and state recreation areas in Minnesota. The objective is to potentially develop new state parks or expand existing ones. To fund this appropriation, the bill also authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,000,000. The process for issuing these bonds will adhere to specific guidelines set out by Minnesota law and the Minnesota Constitution.