HF 2027

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/20/2023 12:21pm

A bill for an act
relating to capital investment; appropriating money for improvements, including
a new trail around Silver Lake, adjacent to Trunk Highway 120 in the city of North
St. Paul; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin SILVER LAKE TRAIL IN NORTH ST. PAUL; APPROPRIATION AND
BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,000,000 is appropriated from the bond proceeds
account in the state transportation fund under Minnesota Statutes, section 174.50, to the
commissioner of transportation for a grant to the city of North St. Paul for predesign, design,
engineering, land acquisition, and construction, including construction of roadway, utility,
drainage, pedestrian facilities, and associated appurtenances, around Silver Lake and adjacent
to Trunk Highway 120 and to include a trail segment along the eastern edge of Silver Lake,
thereby: (1) offering a key amenity for the entire area in addition to connecting local
neighborhoods, businesses, and parks; (2) joining together other regional amenities and
destinations, such as the Gateway State Trail and Century College; and (3) providing
alternative, nonmotorized transportation operations to promote healthier and safer
communities.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in subdivision 1 from the bond
proceeds account in the state transportation fund, the commissioner of management and
budget shall sell and issue bonds of the state in an amount up to $5,000,000 in the manner,
upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to
16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7.
new text end