1.1 A bill for an act
1.2 relating to capital investment; appropriating money for a road extension and bridge
1.3 over the BNSF Northtown Yard in Fridley; authorizing the sale and issuance of
1.4 state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. FRIDLEY; BNSF NORTHTOWN YARD OVERPASS.
1.7 Subdivision 1.Appropriation.$6,000,000 is appropriated from the bond proceeds fund
1.8to the commissioner of transportation for a grant to the city of Fridley to predesign, design,
1.9and engineer the extension of 57th Avenue NE, including public utilities as necessary and
1.10a bridge and approach walls, across the BNSF Northtown Yard from Main Street NE (Anoka
1.11County State-Aid Highway 102) westward to East River Road (Anoka County State-Aid
1.12Highway 1) in Fridley. This appropriation is for a match to leverage federal money for this
1.13project of approximately $24,000,000.
1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.15proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.16the state in an amount up to $6,000,000 in the manner, upon the terms, and with the effect
1.17prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.18Constitution, article XI, sections 4 to 7.
1.19 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-00858 as introduced12/03/24 REVISOR JSK/AD
SENATE
STATE OF MINNESOTA
S.F. No. 1305NINETY-FOURTH SESSION
(SENATE AUTHORS: KUNESH)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/13/2025
Referred to Capital Investment