HF 4285

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/26/2024 02:21pm

A bill for an act
relating to capital investment; appropriating money for replacement of the Randolph
Avenue bridge in the city of St. Paul; authorizing the sale and issuance of state
bonds.

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

Section 1. new text begin ST. PAUL; RANDOLPH AVENUE BRIDGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $11,600,000 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 to design, construct, furnish, and equip the replacement of Bridge No.
7272, the Randolph Avenue bridge over the Union Pacific Railroad between Shepard Road
and James Avenue in St. Paul. This appropriation includes money for reconstruction and
replacement of the associated Randolph Avenue bridge approach roadways, retaining walls,
and other public infrastructure between Shepard Road and James Avenue.
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 $11,600,000 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