HF 4688

as introduced - 92nd Legislature (2021 - 2022) Posted on 03/30/2022 11:39am

A bill for an act
relating to capital investment; appropriating money for reconstruction of 117th
Street in the city of Inver Grove Heights; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin INVER GROVE HEIGHTS; 117TH STREET RECONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,400,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
the city of Inver Grove Heights to perform preliminary design and final design, acquire
right-of-way, acquire easements, and construct the reconstruction of 117th Street from Rich
Valley Boulevard (Dakota County Road 71), including intersection improvements thereto
in both directions up to 1,000 feet, to approximately 800 feet east of Trunk Highway 52 to
improve safety, mobility, and traffic conditions. This appropriation includes the cost for
relocation and construction of public utilities on 117th Street, including sanitary sewer,
water main, and storm sewer facilities.
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 state transportation fund, the commissioner of management and
budget shall sell and issue bonds of the state in an amount up to $4,400,000 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