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SF 1866

as introduced - 89th Legislature (2015 - 2016) Posted on 08/24/2015 10:44am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to local road improvement fund; modifying account provisions;
providing that money in account is to be used only for grants; authorizing the
sale and issuance of state bonds; appropriating money; amending Minnesota
Statutes 2014, section 174.52, subdivisions 2, 4, 5.

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

Section 1.

Minnesota Statutes 2014, section 174.52, subdivision 2, is amended to read:


Subd. 2.

deleted text begin Trunk highway corridor projectsdeleted text end new text begin Local cost-share assistance new text end account.

A deleted text begin trunk highway corridor projectsdeleted text end new text begin local cost-share assistance new text end account is established in
the local road improvement fund. Money in the account is annually appropriated to the
commissioner of transportation for expenditure as specified in this section. Money in the
account must be used as grants deleted text begin or loansdeleted text end to statutory or home rule charter cities, towns, and
counties to assist in paying the local share of trunk highway projects that have local costs
that are directly or partially related to the trunk highway improvement and that are not
funded or are only partially funded with other state and federal funds. deleted text begin The commissioner
shall determine the amount of the local share of costs eligible for assistance from the
account.
deleted text end

Sec. 2.

Minnesota Statutes 2014, section 174.52, subdivision 4, is amended to read:


Subd. 4.

Local road account for routes of regional significance.

A local road
account for routes of regional significance is established in the local road improvement
fund. Money in the account is annually appropriated to the commissioner of transportation
for expenditure as specified in this section. Money in the account must be used as grants
deleted text begin or loansdeleted text end to statutory or home rule charter cities, towns, and counties to assist in paying
the costs of constructing or reconstructing city streets, county highways, or town roads
with statewide or regional significance that have not been fully funded through other state,
federal, or local funding sources.

Sec. 3.

Minnesota Statutes 2014, section 174.52, subdivision 5, is amended to read:


Subd. 5.

Grant procedures and criteria.

The commissioner shall establish
procedures for statutory or home rule charter cities, towns, and counties to apply for
grants deleted text begin or loansdeleted text end from the fund and criteria to be used to select projects for funding.
The commissioner shall establish these procedures and criteria in consultation with
representatives appointed by the Association of Minnesota Counties, League of Minnesota
Cities, Minnesota Association of Townships, and the appropriate state agency as needed.
The criteria for determining project priority and the amount of a grant deleted text begin or loandeleted text end must be
based upon consideration of:

(1) the availability of other state, federal, and local funds;

(2) the regional significance of the route;

(3) effectiveness of the proposed project in eliminating a transportation system
deficiency;

(4) the number of persons who will be positively impacted by the project;

(5) the project's contribution to other local, regional, or state economic development
or redevelopment efforts including livestock and other agricultural operations permitted
after the effective date of this section; and

(6) ability of the local unit of government to adequately provide for the safe
operation and maintenance of the facility upon project completion.

Sec. 4. new text begin APPROPRIATION AND BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $....... is appropriated from the bond proceeds
account for credit to the local cost-share assistance account in the local road improvement
fund.
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 subdivision 1 from
the bond proceeds account, the commissioner of management and budget shall sell and
issue bonds of the state in an amount up to $......... 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, at the times and in the amounts
requested by the commissioner of transportation.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This act is effective the day following final enactment.
new text end