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SF 4541

as introduced - 91st Legislature (2019 - 2020) Posted on 05/07/2020 08:18am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to capital investment; modifying an appropriation from the 2018 bonding
bill regarding the RiverCentre parking ramp; amending Laws 2018, chapter 214,
article 1, sections 21, subdivision 27; 26, subdivisions 1, as amended, 2.

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

Section 1.

Laws 2018, chapter 214, article 1, section 21, subdivision 27, is amended to
read:


Subd. 27.

St. Paul - deleted text begin RiverCentre Parking Facilitydeleted text end new text begin
Eastbound Kellogg Boulevard Reconstruction.
new text end

5,000,000

For a grant to the city of St. Paul for
deleted text begin demolition ofdeleted text end new text begin a portion of the cost of the
reconstruction of eastbound Kellogg
Boulevard and associated infrastructure
adjacent to and abutting new text end the deleted text begin existingdeleted text end
RiverCentre new text begin parking new text end ramp deleted text begin and removal of
debrisdeleted text end . This deleted text begin demolition is part of a larger
project to rebuild the parking facilitydeleted text end new text begin
reconstruction is needed for a vital bridge and
roadway immediately adjacent to the
RiverCentre ramp. This appropriation is
available until December 31, 2024new text end .

Sec. 2.

Laws 2018, chapter 214, article 1, section 26, subdivision 1, as amended by Laws
2019, chapter 2, article 2, section 9, is amended to read:


Subdivision 1.

Bond proceeds fund.

To provide the money appropriated in this act from
the bond proceeds fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to deleted text begin $776,639,000deleted text end new text begin $771,699,000new text end 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.

Sec. 3.

Laws 2018, chapter 214, article 1, section 26, subdivision 2, is amended to read:


Subd. 2.

Transportation fund.

To provide the money appropriated in this act from the
state transportation fund, the commissioner of management and budget shall sell and issue
bonds of the state in an amount up to deleted text begin $103,060,000deleted text end new text begin $108,060,000new text end 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.