as introduced - 90th Legislature (2017 - 2018) Posted on 01/17/2017 10:29am
A bill for an act
relating to transportation; appropriating money for the reconstruction of the
Kellogg-Third Street bridge; authorizing the sale and issuance of state transportation
bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
new text begin
$40,000,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
the city of St. Paul for predesign, design, engineering, and reconstruction of the Kellogg-Third
Street bridge that aligns with municipal state-aid Street No. 158, in the city of St. Paul. This
appropriation may be used for right-of-way acquisition, mobilization, excavation, piers and
abutments, beams, deck, railings, sidewalks, parapets, lighting, traffic control, and existing
bridge demolition. The appropriation may also be used for right-of-way acquisition,
predesign, design, engineering, and reconstruction of approach roadways for the
Kellogg-Third Street bridge, including mobilization, removals, retaining walls, roadway
base, bituminous, curb and gutter, sidewalks, lighting, striping, traffic signals, excavation,
and traffic control. Notwithstanding Minnesota Statutes, section 174.50, subdivision 5, the
city of St. Paul is not required to provide a match.
new text end
new text begin
To provide the money appropriated in subdivision 1 from the state
transportation fund, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $40,000,000 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. The proceeds of the bonds, except accrued interest
and any premium received from the sale of the bonds, must be deposited in the bond proceeds
account in the state transportation fund.
new text end
new text begin
This section is effective the day following final enactment.
new text end