SF 1739

as introduced - 93rd Legislature (2023 - 2024) Posted on 06/13/2023 12:12pm

A bill for an act
relating to capital investment; appropriating money for reconstruction of 117th
Street in the city of Inver Grove 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 INVER GROVE HEIGHTS; 117TH STREET RECONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $5,000,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for one or more grants to the city of Inver Grove
Heights, Dakota County, or both, to perform final design, acquire right-of-way, acquire
easements, and construct the reconstruction of 117th Street from Rich Valley Boulevard
(Dakota County Road 71), including intersection improvements thereto in both directions
up to 1,500 feet, to approximately 800 feet east of U.S. Highway 52 to improve safety,
mobility, and traffic conditions. This appropriation includes the cost for relocation and
construction of public utilities on 117th Street, including sanitary sewer, water main, and
storm sewer facilities.
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 $5,000,000 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