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Minnesota Legislature

Office of the Revisor of Statutes

SF 3226

as introduced - 90th Legislature (2017 - 2018) Posted on 03/13/2018 09:42am

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

Current Version - as introduced

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1.23

A bill for an act
relating to capital investment; appropriating money to remove and replace the
Third Street/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 beginST. PAUL; THIRD STREET/KELLOGG BOULEVARD BRIDGE
REPLACEMENT.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $46,072,000 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 demolish and remove the existing Third Street/Kellogg Boulevard
bridge over the BNSF railroad, Commercial Street, and marked Interstate Highway 94, and
to acquire right-of-way for, design, and construct a replacement bridge that includes
multimodal elements for bicycles, pedestrians, vehicles, and mass transit. In addition, any
roadway approach reconstruction work identified within the project limits, including
right-of-way acquisition and design, and any early completion incentives, are eligible for
funding. This appropriation does not require a local match.
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 account, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $46,072,000 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, 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 section is effective the day following final enactment.
new text end