SF 1901

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to transportation; authorizing Minnesota state transportation bonds and
appropriating money for local bridge replacement and maintenance and for the
local road improvement program.

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

Section 1. new text begin LOCAL BRIDGE REPLACEMENT AND REHABILITATION.
new text end

new text begin $50,000,000 is appropriated to the commissioner of transportation from the bond
proceeds account in the state transportation fund, as provided in Minnesota Statutes,
section 174.50, to match federal money and to replace or rehabilitate local deficient
bridges. Political subdivisions may use grants made under this section to construct
or reconstruct bridges, including:
new text end

new text begin (1) matching federal-aid grants to construct or reconstruct key bridges;
new text end

new text begin (2) paying the costs of preliminary engineering and environmental studies authorized
under Minnesota Statutes, section 174.50, subdivision 6a;
new text end

new text begin (3) paying the costs to abandon an existing bridge that is deficient and in need of
replacement, but where no replacement will be made; and
new text end

new text begin (4) paying the costs to construct a road or street to facilitate the abandonment of
an existing bridge determined by the commissioner to be deficient, if the commissioner
determines that construction of the road or street is more cost-efficient than the
replacement of the existing bridge.
new text end

Sec. 2. new text begin LOCAL ROAD IMPROVEMENT PROGRAM.
new text end

new text begin $20,000,000 is appropriated to the commissioner of transportation from the bond
proceeds account in the state transportation fund, as provided in Minnesota Statutes,
section 174.50. Of this amount, $10,000,000 is for construction, reconstruction, or
reconditioning of local roads with statewide or regional significance under Minnesota
Statutes, section 174.52, subdivision 4. The remaining $10,000,000 is for grants to
counties to assist in paying the costs of capital improvement projects on county state-aid
highways that are intended primarily to reduce traffic crashes, deaths, injuries, and
property damage, under Minnesota Statutes, section 174.52, subdivision 4a.
new text end

Sec. 3. new text begin BOND SALE AUTHORIZATION.
new text end

new text begin To provide the money appropriated in sections 1 and 2 from the transportation
fund, the commissioner of finance shall sell and issue bonds of the state in an amount up
to $70,000,000 in the manner, on 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. The proceeds of the bonds, except accrued interest and any premium
received on the sale of the bonds, must be credited to a bond proceeds account in the
state transportation fund.
new text end

Sec. 4. new text begin EFFECTIVE DATE.
new text end

new text begin Sections 1 to 3 are effective July 1, 2007.
new text end