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HF 3425

as introduced - 89th Legislature (2015 - 2016) Posted on 03/21/2016 01:54pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 03/21/2016

Current Version - as introduced

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A bill for an act
 relating to capital investment; appropriating money for road construction in Scott
County; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin SCOTT COUNTY; ROADS CONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $10,000,000 is appropriated from the bond
proceeds fund to the commissioner of transportation for a grant to Scott County.
 new text end

new text begin (b) $7,500,000 of this appropriation is for preliminary design, design, engineering,
right-of-way acquisition, and construction of an overpass of U.S. Highway 169 and
County State-Aid Highway 14 in Louisville Township. The project includes construction
of an overpass, related frontage roads, and direct access closures of U.S. Highway 169.
This appropriation does not require a nonstate contribution.
 new text end

new text begin (c) $2,500,000 of this appropriation is for preliminary design, design, engineering,
right-of-way acquisition, and construction of local frontage roads that support an
interchange at the intersection of U.S. Highway 169 and Trunk Highway 41 and County
State-Aid Highway 78. Project components include frontage roads and direct access
modifications that accompany the existing signalized intersection reconstruction into a
grade-separated freeway interchange. This appropriation does not require a nonstate
contribution.
 new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $10,000,000 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.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end