HF 4901

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/13/2024 12:18pm

A bill for an act
relating to capital investment; appropriating money for replacement of the Quentin
Avenue Railroad Bridge in the city of Savage; authorizing the sale and issuance
of state bonds.

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

Section 1. new text begin SAVAGE; QUENTIN AVENUE RAILROAD BRIDGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,638,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Savage to design, construct,
furnish, and equip the replacement of two existing railroad bridges in the city of Savage.
One of the bridges extends over Quentin Avenue and the other extends over the Credit River
west of Quentin Avenue. This project also includes improvements to Quentin Avenue
including curb and gutter, adding turn lanes, and pedestrian accommodations. This project
further includes removal of a one lane roadway under the railroad bridge and improvements
to the intersection of County Road 16 and Quentin Avenue for access and safety.
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 $6,638,000 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