The bill proposes an appropriation of $10,000,000 from the bond proceeds fund to the commissioner of natural resources for the acquisition of private lands from willing sellers within state parks and recreation areas in Minnesota. This funding aims to facilitate the creation of new state parks or the expansion of existing ones, as outlined in Minnesota Statutes, sections 85.012 and 85.013.
To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10,000,000, following the procedures established in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7. The provisions of this bill will take effect the day after it is enacted.