HF 1841

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/16/2023 01:41pm

A bill for an act
relating to capital investment; appropriating money for roadway improvements in
Waldorf; authorizing the issuance of state bonds.

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

Section 1. new text begin ROAD AND INFRASTRUCTURE PROJECTS; WALDORF.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,800,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Waldorf for capital improvements in the city of Waldorf, including adding clean water,
sanitary sewer, stormwater connections, and systems to the School Street West development,
roadway improvements to 1st Street, 2nd Street, Middle Avenue, Raymond Avenue, Railway
Street, the South End Bar and Grill road, and a service road, and capital improvements to
the city park and the park's parking lot. This money may be used for one or more of the
following phases for these projects: to acquire property, predesign, design, construct,
reconstruct, furnish, and equip the improvement.
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 $2,800,000 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