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SF 3959

as introduced - 91st Legislature (2019 - 2020) Posted on 03/05/2020 08:51am

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 reconstruction of marked
U.S. Highway 8; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginMARKED U.S. HIGHWAY 8 RECONSTRUCTION; APPROPRIATION
AND BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,000,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
Chisago County to predesign, design, engineer, and construct a reconstruction of marked
U.S. Highway 8 from Karmel Avenue in Chisago City to Interstate 35 and pedestrian and
bike trails along and crossings of this portion U.S. Highway 8. This reconstruction may
include expanding segments of U.S. Highway 8 to four lanes, constructing or reconstructing
frontage roads and backage roads, and realigning local roads to consolidate, remove, and
relocate access onto and off of U.S. Highway 8. This appropriation is for the portion of the
project that is eligible for use of proceeds of general obligation bonds. This appropriation
is not available until the commissioner of management and budget determines that sufficient
resources have been committed from nonstate sources to complete the project. This
appropriation is available until the project is completed or abandoned.
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 subdivision 1 from the bond
proceeds account in the state transportation fund, the commissioner of management and
budget shall sell and issue bonds of the state in an amount up to $10,000,000 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 Subd. 3. new text end

new text begin Appropriation. new text end

new text begin $15,000,000 in fiscal year 2021 is appropriated from the general
fund to the commissioner of transportation for a grant to Chisago County to acquire property,
predesign, design, construct, and engineer the reconstruction of marked U.S. Highway 8
from Karmel Avenue in Chisago City to Interstate 35. This reconstruction may include
expanding segments of U.S. Highway 8 to four lanes, constructing or reconstructing frontage
roads and backage roads, and realigning local roads to consolidate, remove, and relocate
access onto and off of U.S. Highway 8. This appropriation is not available until the
commissioner of management and budget determines that sufficient resources have been
committed from nonstate sources to complete the project. This is a onetime appropriation
and is available until the project is completed or abandoned.
new text end

new text begin Subd. 4. new text end

new text begin Marked U.S. Highway 8 reconstruction; application of planned
spending.
new text end

new text begin Amounts planned by the Department of Transportation for the resurfacing of
U.S. Highway 8, as reflected in the department's Metro District 10-Year Capital Highway
Investment Plan 2020-2029, shall instead be applied to the reconstruction of U.S. Highway
8 to supplement appropriations for that purpose from any fund in this section.
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