HF 971

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/10/2021 04:07pm

A bill for an act
relating to capital investment; appropriating money to replace the eastbound Kellogg
Boulevard bridge in 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; EASTBOUND KELLOGG BRIDGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 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 to predesign, design, engineer, and construct a replacement bridge for
the existing eastbound Kellogg Boulevard bridge number 90378 near the city of St. Paul
RiverCentre. This project also includes reconstruction and replacement of associated Kellogg
Boulevard bridge approach roadways and retaining walls between West Seventh Street and
Market Street, including the Exchange Street viaduct. This appropriation is not available
until the commissioner of management and budget determines that an amount sufficient to
complete the project, estimated to be $12,800,000, has been committed to the project from
other sources.
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 $10,000,000 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.
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