1.1 A bill for an act 1.2 relating to capital investment; appropriating money for the realignment of marked 1.3 Trunk Highway 60 and improvement of related local infrastructure in the city of 1.4 Wabasha; authorizing the sale and issuance of state bonds. 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. WABASHA; LOCAL INFRASTRUCTURE FOR MARKED TRUNK 1.7HIGHWAY 60 REALIGNMENT . 1.8 Subdivision 1.Appropriation.$2,894,000 is appropriated from the bond proceeds fund 1.9to the commissioner of transportation for one or more grants to the city of Wabasha, Wabasha 1.10County, or both to predesign, design, engineer, and construct the local roads and city utility 1.11portions of the realignment of marked Trunk Highway 60 in the city of Wabasha, including 1.12associated sidewalks, sanitary sewer, water main, storm sewer, stormwater management, 1.13street lighting, site fill, and related improvements and betterments of a capital nature to 1.14increase pedestrian safety and develop workforce housing. 1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond 1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of 1.17the state in an amount up to $2,894,000 in the manner, upon the terms, and with the effect 1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 1.19Constitution, article XI, sections 4 to 7. 1.20 EFFECTIVE DATE.This section is effective the day following final enactment. 1Section 1. 25-02394 as introduced01/16/25 REVISOR KRB/MI SENATE STATE OF MINNESOTA S.F. No. 618NINETY-FOURTH SESSION (SENATE AUTHORS: DRAZKOWSKI) OFFICIAL STATUSD-PGDATE Introduction and first reading01/27/2025 Referred to Capital Investment