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S.F. No. 2251 - Metropolitan Council Transit and Paratransit Bonding Authority
 
Author: Senator Susan Kent
 
Prepared By: Krista Boyd, Senate Fiscal Analyst (651/296-7681)
 
Date: March 11, 2014



 

        This bill authorizes the Metropolitan Council to issue regional transit capital debt up to $75,300,000.  Of this amount, $37,000,000 may be issued after July 1, 2014, and $38,300,000 may be issued after July 1, 2015.  This section is effective the day following final enactment, and applies to the seven-county metropolitan area.

KB/BB:rer

 
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