Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

SF 3225

as introduced - 90th Legislature (2017 - 2018) Posted on 03/13/2018 09:41am

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15 1.16 1.17 1.18 1.19 1.20 1.21 1.22 1.23 2.1 2.2 2.3 2.4 2.5 2.6 2.7
2.8

A bill for an act
relating to capital investment; appropriating money for the RiverCentre parking
facility 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; RIVERCENTRE PARKING FACILITY.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $58,000,000 is appropriated from the bond proceeds
fund to the commissioner of employment and economic development for a grant to the city
of St. Paul to replace the existing RiverCentre parking ramp with a new public parking
facility within the RiverCentre complex. This appropriation includes money for demolition
of the existing ramp and adjacent Kellogg Boulevard elevated roadway and removal of
debris, design and construction of a new ramp of sufficient size to meet public requirements,
and design and construction of a replacement elevated roadway, to include all associated
infrastructure. For purposes of this appropriation, "RiverCentre complex" means all portions
of the Saint Paul RiverCentre complex identified in Laws 2005, chapter 152, article 1,
section 38, with the exception of the arena presently and commonly known as the Xcel
Energy Center. This appropriation is available when the commissioner of management and
budget determines that sufficient resources have been committed to complete the project,
as required by Minnesota Statutes, section 16A.502.
new text end

new text begin The public parking facility is to be part of a multiphase project, which may include
separate and distinct additional phases for accessory economic development uses. Any such
additional phases for accessory use may not be financed with proceeds of state general
obligation bonds and will not be considered state bond financed property for purposes of
Minnesota Statutes, section 16A.695, but such nonstate funds are to count towards the city's
match requirement. The city may deliver the project and related public infrastructure through
either a design-build or construction manager at-risk method.
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 $58,000,000 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