HF 2805

as introduced - 91st Legislature (2019 - 2020) Posted on 02/17/2020 04:41pm

A bill for an act
relating to transportation; capital investment; appropriating money for County
Road J interchange improvements at Interstate Highway 35E; authorizing the sale
and issuance of state bonds.

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

Section 1. new text begin COUNTY ROAD J INTERCHANGE AT INTERSTATE HIGHWAY 35E
IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $1,500,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
Ramsey County to complete the preliminary engineering and environmental documentation
for a full access interchange on County Road J at Interstate Highway 35E and associated
improvements on County Road J supporting the interchange from Centerville Road to Otter
Lake Road in the cities of North Oaks and Lino Lakes and White Bear Township. 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 $1,500,000 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