HF 948

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/26/2023 03:27pm

A bill for an act
relating to capital investment; appropriating money for local bridge replacement
in Polk County; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin POLK COUNTY; LOCAL BRIDGE REPLACEMENT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation in accordance with Minnesota Statutes, section
174.50, subdivision 6d, for a grant to Polk County for replacement of the bridge over the
Red River near the city of Climax and the bridge over the Red River near the city of
Nielsville. This appropriation may be used for preliminary and final design, permitting,
construction engineering, demolition, right-of-way acquisition, and reconstruction of the
bridges.
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 $10,000,000 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

new text begin EFFECTIVE DATE. new text end

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