HF 2988

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/01/2022 11:12am

A bill for an act
relating to capital investment; appropriating money for highway safety
improvements for pedestrian and bicycle trails in Dakota County; authorizing the
sale and issuance of state bonds.

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

Section 1. new text begin DAKOTA COUNTY; PEDESTRIAN AND BICYCLE TRAILS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $3,000,000 is appropriated from the bond proceeds fund
to the Metropolitan Council for a grant to Dakota County for right-of-way acquisition and
for predesign, design, engineering, and construction of pedestrian safety-related
improvements, including a safe crossing of marked Trunk Highway 55 at the intersection
of County State-Aid Highway 28 and County State-Aid Highway 63 in Dakota County.
This appropriation includes money for the Mendota to Lebanon Hills Greenway Crossing.
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 $3,000,000 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