HF 2673

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/06/2023 11:39am

A bill for an act
relating to capital investment; appropriating money for improvements on and
adjacent to Trunk Highway 119 to facilitate safe fishing on Lac Qui Parle reservoir;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin LAC QUI PARLE RESERVOIR IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,200,000 is appropriated from the bond proceeds fund
to the commissioner of natural resources to predesign, design, and construct a parking lot
and an Americans with Disabilities Act (ADA) compliant walkway at the location commonly
known as Twin Bridges, approximately three miles southwest of the city of Appleton, at
Lac Qui Parle reservoir for safe access to popular fishing locations on the reservoir.
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 this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $2,200,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end

Sec. 2. new text begin TRUNK HIGHWAY 119 TURN LANE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $300,000 is appropriated from the bond proceeds account
in the trunk highway fund to the commissioner of transportation for predesign, design,
engineering, and construction of a turn lane in the westbound lane on Trunk Highway 119
at the location commonly known as Twin Bridges, approximately three miles southwest of
the city of Appleton, at Lac Qui Parle reservoir.
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 this section from the bond
proceeds account in the trunk highway fund, the commissioner of management and budget
shall sell and issue bonds of the state in an amount up to $300,000 in the manner, upon the
terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, and
by the Minnesota Constitution, article XVI, section 11, at the times and in the amounts
requested by the commissioner of transportation. The proceeds of the bonds, except accrued
interest and any premium received from the sale of the bonds, must be deposited in the bond
proceeds account in the trunk highway fund.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end