HF1450

This bill, introduced by Representative Torkelson in the Minnesota House of Representatives, pertains to capital investment and appropriates funds for bridge restoration in Redwood Falls. It authorizes the sale and issuance of state bonds to finance the project.

Key Provisions:

1. Appropriation:

   • Allocates $1,300,000 from the bond proceeds fund to the Minnesota Department of Transportation for a grant to the city of Redwood Falls.
     
   • The funds will be used to design and restore the historic WPA 1938 Swayback Bridge (Bridge No. 89859).
   • The restoration includes work such as cofferdam access, stone replacement, and tuckpointing to preserve the bridge’s granite and masonry exterior.

2. Bond Sale:

   • Authorizes the state commissioner of management and budget to sell and issue up to $1,300,000 in state bonds.
     
   • The bond issuance must comply with Minnesota Statutes (Sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, Sections 4 to 7).

Purpose:

The bill aims to preserve and restore a historic bridge in Redwood Falls, ensuring its continued structural integrity and historical significance. The funding will come from state-issued bonds.