Minnesota 2025 2025-2026 Regular Session

Minnesota Senate Bill SF1722 Introduced / Bill

Filed 02/19/2025

                    1.1	A bill for an act​
1.2 relating to capital investment; appropriating money for improvements to Louisiana​
1.3 Avenue South and Oxford Street in the city of St. Louis Park; authorizing the sale​
1.4 and issuance of state bonds.​
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. ST. LOUIS PARK; OXFORD AND LOUISIANA AREA​
1.7INFRASTRUCTURE IMPROVEMENTS.​
1.8 Subdivision 1.Appropriation.$6,913,000 is appropriated from the bond proceeds​
1.9account in the state transportation fund as provided in Minnesota Statutes, section 174.50,​
1.10for a grant to the city of St. Louis Park to acquire property or interests in property, predesign,​
1.11design, construct, furnish, and equip improvements to Meadowbrook Road from Excelsior​
1.12Boulevard to Oxford Street, Oxford Street from Meadowbrook Road to Edgewood Avenue,​
1.13Edgewood Avenue from Oxford Street to Cambridge Street, Cambridge Street from​
1.14Edgewood Avenue to Alabama Avenue, Louisiana Avenue from 100 feet north of the​
1.15intersection of Oxford Street to 300 feet south of the intersection. This appropriation includes​
1.16money for area bikeway and sidewalk construction; bridge repair and modifications;​
1.17replacement or repair of water, sewer, and storm sewer facilities; regional water quality and​
1.18flood storage infrastructure construction; and other improvements or upgrades related to​
1.19street reconstruction work, including streetlights, signals, striping, and signs; replacement​
1.20or repair of pavement, curb, and gutter; and roundabout construction. This appropriation is​
1.21available when the commissioner of management and budget determines that sufficient​
1.22resources have been committed to complete the project, as required by Minnesota Statutes,​
1.23section 16A.502.​
1​Section 1.​
25-03567 as introduced​02/12/25 REVISOR JSK/CH​
SENATE​
STATE OF MINNESOTA​
S.F. No. 1722​NINETY-FOURTH SESSION​
(SENATE AUTHORS: LATZ)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​02/20/2025​
Referred to Capital Investment​ 2.1 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond​
2.2proceeds fund, the commissioner of management and budget shall sell and issue bonds of​
2.3the state in an amount up to $6,913,000 in the manner, upon the terms, and with the effect​
2.4prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota​
2.5Constitution, article XI, sections 4 to 7.​
2.6 EFFECTIVE DATE.This section is effective the day following final enactment.​
2​Section 1.​
25-03567 as introduced​02/12/25 REVISOR JSK/CH​