HF 5259

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/04/2024 02:51pm

A bill for an act
relating to capital investment; appropriating money for road improvements for the
Northeast Improvement Zone in the city of Dodge Center and Wasioja Township;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin NORTHEAST IMPROVEMENT ZONE ROAD IMPROVEMENTS;
DODGE CENTER AND WASIOJA TOWNSHIP.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,800,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for:
new text end

new text begin (1) one or more grants to the city of Dodge Center and Wasioja Township to design and
construct road improvements to approximately 5,100 feet of Airport Drive along the border
between the city of Dodge Center and Wasioja Township to reconstruct Airport Drive as a
rural section road with a wider surface and improved ditch slopes; and
new text end

new text begin (2) a grant to the city of Dodge Center to design and construct improvements to
approximately one mile of North Street between Airport Drive and County Road 7 as a rural
section asphalt road with improved drainage.
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 $1,800,000 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