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Minnesota Legislature

Office of the Revisor of Statutes

HF 2731

as introduced - 90th Legislature (2017 - 2018) Posted on 02/20/2018 10:08am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for utility relocation and
upgrades related to the Concord Street reconstruction; authorizing the sale and
issuance of state bonds.

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

Section 1. new text beginSOUTH ST. PAUL; CONCORD STREET RECONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,930,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of South St. Paul to replace,
upgrade, and, in some cases, relocate storm sewers, sanitary sewers, and water mains under
Concord Street in South St. Paul. This work is part of the reconstruction and modernization
of Concord Street between Hardman Avenue and Annapolis Street East and may include
predesign, design, engineering, and construction. This appropriation is available when the
commissioner of management and budget determines that sufficient resources have been
committed to complete the project, as required by Minnesota Statutes, section 16A.502.
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 $3,930,000 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