Minnesota SF5169: Lakeville Klamath Trail retaining walls replacement bond issue and appropriation

What the bill says

A bill for an act relating to capital investment; appropriating money to replace Klamath Trail retaining walls in the city of Lakeville; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ADDED: $850,000 is appropriated from the bond proceeds fund to the commissioner of natural resources for a grant to the city of Lakeville to predesign, design, and construct the replacement of two retaining walls along the south side of Klamath Trail, east and west of Kings Court. This projec.

From the introduced text, April 15, 2026:

A bill for an act relating to capital investment; appropriating money to replace Klamath Trail retaining walls in the city of Lakeville; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ADDED: $850,000 is appropriated from the bond proceeds fund to the commissioner of natural resources for a grant to the city of Lakeville to predesign, design, and construct the replacement of two retaining walls along the south side of Klamath Trail, east and west of Kings Court. This project includes site and associated site support area preparation, including demolition of the two existing retaining walls.] new text end new text begin [ADDED: Subd. 2.] new text end new text begin [ADDED: Bond sale.] new text end new text begin [ADDED: To provide the money appropriated in this section from the bond proceeds fund, the commissioner of management and budget shall sell and issue bonds of the state in an amount up to $850,000 in the manner, upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7.] new text end new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section …

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Sponsors

• (R) · primary sponsor