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Minnesota Legislature

Office of the Revisor of Statutes

SF 2049

as introduced - 91st Legislature (2019 - 2020) Posted on 03/07/2019 03:48pm

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

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for upgrade of Lyman
Boulevard in Chanhassen; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginCHANHASSEN; LYMAN BOULEVARD UPGRADE.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $728,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Chanhassen to predesign,
design, engineer, and construct the upgrade of Lyman Boulevard from Galpin Boulevard
to marked Trunk Highway 41 in the city of Chanhassen. Upgrades include reconstruction
of the roadway to a ten-ton design; addition of curb and gutter, roundabouts, and a pedestrian
trail; and storm water treatment improvements. This appropriation is not available until the
commissioner of management and budget determines that at least an equal amount has been
committed from nonstate sources to complete the project.
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 $728,000 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