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SF 5344

as introduced - 93rd Legislature (2023 - 2024) Posted on 04/09/2024 09:17am

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4 1.5
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A bill for an act
relating to capital investment; appropriating money for the reconstruction of 1st
Street North and associated improvements in the city of Crosby; authorizing the
sale and issuance of state bonds.

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

Section 1. new text begin CROSBY; 1ST STREET NORTH RECONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,797,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Crosby to predesign, design,
construct, and reconstruct deteriorating infrastructure on 1st Street North between 3rd
Avenue West and 3rd Avenue East in the city of Crosby. This appropriation includes
improvements to 1st Street North and associated improvements to curb and gutter, sidewalks,
storm sewer system infrastructure, and Americans with Disabilities Act (ADA) compliant
improvements.
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 $1,797,000 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