SF 5182

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/19/2024 10:08am

A bill for an act
relating to capital investment; appropriating money for a pedestrian bridge over
the Mississippi River connecting 26th Avenue North to 18th Avenue Northeast in
the city of Minneapolis; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin MINNEAPOLIS PARK AND RECREATION BOARD; 26th AVENUE
PEDESTRIAN BRIDGE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $18,000,000 is appropriated from the bond proceeds
fund to the Metropolitan Council for a grant to the Minneapolis Park and Recreation Board
to predesign, design, and construct a pedestrian bridge across the Mississippi River from
26th Avenue North to the east side of the Mississippi River at approximately 18th Avenue
Northeast. The bridge will be designed to provide a connection to the city of Minneapolis
26th Avenue North with 18th Avenue Northeast trail systems and to connect the Minneapolis
Park and Recreation Board's East and West River trail system.
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 $18,000,000 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