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HF 1368

as introduced - 88th Legislature (2013 - 2014) Posted on 03/07/2013 02:15pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to transportation; capital improvements; appropriating money for
reconstruction of interchange of County Road 42 at marked Trunk Highway 52
in Dakota County; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. COUNTY ROAD 42 AND MARKED TRUNK HIGHWAY 52
INTERCHANGE; APPROPRIATION.

$25,000,000 is appropriated from the bond proceeds fund to the commissioner
of transportation for environmental studies, engineering, real property acquisition, and
reconstruction of the interchange of County Road 42 at marked Trunk Highway 52
in Dakota County.

Sec. 2. BOND SALE.

To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $25,000,000 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.

Sec. 3. EFFECTIVE DATE.

Section 1 is effective the day following final enactment.