SF791

Senate File No. 791 is a legislative bill that proposes the allocation of $7,300,000 from the state's bond proceeds fund. This money will be managed by the Commissioner of Natural Resources and is intended for Scott County. The purpose is to acquire property and to plan, design, and construct about 4.3 miles of a regional trail, named the Louisville Segment of the Merriam Junction Regional Trail. This section of the trail will connect the Louisville Swamp Trailhead in Louisville Township to the Big Woods Trail in Shakopee.

To finance this, the bill authorizes the Commissioner of Management and Budget to sell and issue state bonds up to the amount of $7,300,000. The terms and details of the bond issuance will follow Minnesota Statutes and the Minnesota Constitution.