SF5169

Purpose

To provide funding for replacing two retaining walls along Klamath Trail in Lakeville. The bill would allocate money from the bond proceeds fund to the Minnesota Department of Natural Resources (DNR) to grant the City of Lakeville money for predesign, design, and construction of the wall replacement, including demolition of the existing walls and related site work.

Main Provisions

• Subdivision 1 – Appropriation: $850,000 is appropriated from the bond proceeds fund to the DNR for a grant to the City of Lakeville. The funds are intended for predesign, design, and construction of the replacement of two retaining walls on the south side of Klamath Trail (east and west of Kings Court), including site preparation and demolition of the existing walls.
• Subdivision 2 – Bond Sale: To provide the money, the Commissioner of Management and Budget shall sell and issue state bonds of up to $850,000. The bond terms and process follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 through 7.

Project Details

• Location: Klamath Trail, Lakeville, involving two retaining walls along the south side of the trail, east and west of Kings Court.
• Work Included: Pre-design, design, construction, site preparation, site support area preparation, and demolition of the existing retaining walls.

Funding, Authority, and Legal Context

• Funding Source: Bond proceeds fund.
• Financial Authority: Bond issuance up to $850,000, under specified state statutes and constitutional provisions.
• Legal/Policy Context: The bill specifies the bond-related process and does not otherwise modify existing law beyond authorizing this specific bond-backed appropriation.

Implementation Outlook

• The bill outlines the funding mechanism and project scope but does not specify a timeline beyond the required design and construction steps.

Relevant Terms Klamath Trail, Lakeville, retaining walls, Kings Court, predesign, design, construction, site preparation, demolition, grant, Department of Natural Resources (DNR), City of Lakeville, bond proceeds fund, bonds, Minnesota Statutes 16A.631 to 16A.675, Minnesota Constitution Article XI sections 4-7