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HF 2881

as introduced - 90th Legislature (2017 - 2018) Posted on 02/20/2018 10:24am

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 road construction to replace
former highway frontage roads in Mendota and Mendota Heights; authorizing the
sale and issuance of state bonds.

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

Section 1. new text begin ROAD CONSTRUCTION; MENDOTA AND MENDOTA HEIGHTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,386,000 is appropriated from the bond proceeds fund
to the commissioner of employment and economic development for a grant to the city of
Mendota Heights to improve or replace the following roads within the city of Mendota
Heights: Center Point Curve, between Lexington Avenue and Lemay Lake Road; Carmen
Lane and the east-west portion of Crown Point Drive to its intersection with Trunk Highway
110; Dakota Drive, from Lexington Avenue to its easterly terminus; Waters Drive, from
Trunk Highway 55 to its northerly terminus; and Victoria Curve, from Lexington Avenue
to Trunk Highway 13.
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin $96,000 is appropriated from the bond proceeds fund to the
commissioner of employment and economic development for a grant to the city of Mendota
to improve or replace the portions of Victoria Curve between Lexington Avenue and Trunk
Highway 13 and Center Point Curve between Lexington Avenue and Lemay Lake Road
that lie within the city of Mendota.
new text end

new text begin Subd. 3. 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 $1,482,000 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