HF 2854

as introduced - 94th Legislature (2025 - 2026) Posted on 03/26/2025 11:33am

A bill for an act
relating to capital investment; appropriating money for local road intersection
improvements in the city of Little Canada; authorizing the sale and issuance of
state bonds.

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

Section 1. new text begin LITTLE CANADA; LOCAL ROAD INTERSECTION IMPROVEMENTS.
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 commissioner of transportation for a grant to the city of Little Canada to construct
roundabout, road reconfiguration, and pedestrian safety and accessibility improvements at
both (1) the intersection of Little Canada Road and Country Drive, and (2) the intersection
of Little Canada Road, Lake Shore Avenue, and County Road C.
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