| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to capital investment; appropriating money for improvements to Louisiana |
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| 3 | 3 | | 1.3 Avenue South and Oxford Street in the city of St. Louis Park; authorizing the sale |
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| 4 | 4 | | 1.4 and issuance of state bonds. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. ST. LOUIS PARK; OXFORD AND LOUISIANA AREA |
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| 7 | 7 | | 1.7INFRASTRUCTURE IMPROVEMENTS. |
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| 8 | 8 | | 1.8 Subdivision 1.Appropriation.$6,913,000 is appropriated from the bond proceeds |
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| 9 | 9 | | 1.9account in the state transportation fund as provided in Minnesota Statutes, section 174.50, |
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| 10 | 10 | | 1.10for a grant to the city of St. Louis Park to acquire property or interests in property, predesign, |
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| 11 | 11 | | 1.11design, construct, furnish, and equip improvements to Meadowbrook Road from Excelsior |
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| 12 | 12 | | 1.12Boulevard to Oxford Street, Oxford Street from Meadowbrook Road to Edgewood Avenue, |
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| 13 | 13 | | 1.13Edgewood Avenue from Oxford Street to Cambridge Street, Cambridge Street from |
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| 14 | 14 | | 1.14Edgewood Avenue to Alabama Avenue, Louisiana Avenue from 100 feet north of the |
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| 15 | 15 | | 1.15intersection of Oxford Street to 300 feet south of the intersection. This appropriation includes |
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| 16 | 16 | | 1.16money for area bikeway and sidewalk construction; bridge repair and modifications; |
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| 17 | 17 | | 1.17replacement or repair of water, sewer, and storm sewer facilities; regional water quality and |
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| 18 | 18 | | 1.18flood storage infrastructure construction; and other improvements or upgrades related to |
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| 19 | 19 | | 1.19street reconstruction work, including streetlights, signals, striping, and signs; replacement |
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| 20 | 20 | | 1.20or repair of pavement, curb, and gutter; and roundabout construction. This appropriation is |
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| 21 | 21 | | 1.21available when the commissioner of management and budget determines that sufficient |
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| 22 | 22 | | 1.22resources have been committed to complete the project, as required by Minnesota Statutes, |
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| 23 | 23 | | 1.23section 16A.502. |
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| 24 | 24 | | 1Section 1. |
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| 25 | 25 | | 25-03567 as introduced02/12/25 REVISOR JSK/CH |
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| 26 | 26 | | SENATE |
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| 27 | 27 | | STATE OF MINNESOTA |
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| 28 | 28 | | S.F. No. 1722NINETY-FOURTH SESSION |
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| 29 | 29 | | (SENATE AUTHORS: LATZ) |
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| 30 | 30 | | OFFICIAL STATUSD-PGDATE |
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| 31 | 31 | | Introduction and first reading02/20/2025 |
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| 32 | 32 | | Referred to Capital Investment 2.1 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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| 33 | 33 | | 2.2proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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| 34 | 34 | | 2.3the state in an amount up to $6,913,000 in the manner, upon the terms, and with the effect |
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| 35 | 35 | | 2.4prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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| 36 | 36 | | 2.5Constitution, article XI, sections 4 to 7. |
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| 37 | 37 | | 2.6 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 38 | 38 | | 2Section 1. |
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| 39 | 39 | | 25-03567 as introduced02/12/25 REVISOR JSK/CH |
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