The bill appropriates $6,913,000 from the bond proceeds account in the state transportation fund for infrastructure improvements in the city of St. Louis Park, specifically targeting the areas around Louisiana Avenue South and Oxford Street. The funds will be used for a variety of projects, including property acquisition, design, construction, and upgrades related to street reconstruction. This encompasses the construction of bikeways and sidewalks, bridge repairs, and the replacement or repair of water, sewer, and storm sewer facilities, among other enhancements.
To finance these improvements, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount appropriated. The bond sale will be conducted in accordance with existing Minnesota statutes and constitutional provisions. The bill stipulates that the appropriation will be available once the commissioner determines that sufficient resources are committed to complete the project, and it will take effect the day after final enactment.