as introduced - 90th Legislature (2017 - 2018) Posted on 02/09/2017 01:49pm
A bill for an act
relating to capital investment; appropriating money for highway-rail grade
separation project in Anoka; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$20,000,000 is appropriated from the bond proceeds
account to the commissioner of transportation for construction of a highway-rail grade
separation at the intersection of signed Trunk Highway 47, also known as Ferry Street, and
the Burlington Northern Santa Fe railroad crossing in the city of Anoka.
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To provide the money appropriated in subdivision 1 from the bond
proceeds account, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $20,000,000 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, at the times and in the amounts requested by the
commissioner of transportation.
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This section is effective the day following final enactment.
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