SF 1944

as introduced - 90th Legislature (2017 - 2018) Posted on 03/09/2017 08:19am

A bill for an act
relating to capital investment; appropriating money for rail grade crossings in Eden
Prairie; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin EDEN PRAIRIE; RAIL GRADE CROSSINGS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,400,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Eden Prairie to (1) design,
construct, and equip new passive and active rail grade crossing warning safety devices at
existing and proposed highway-rail grade crossings, or (2) replace existing highway-rail
grade crossings. Upon request by the city of Eden Prairie, the commissioner of transportation
must provide reasonable technical assistance regarding highway-rail grade crossing project
development and the establishment of rail quiet zones.
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 $1,400,000 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