HF 2758

as introduced - 90th Legislature (2017 - 2018) Posted on 02/22/2018 05:32pm

A bill for an act
relating to capital investment; appropriating money for the interchange at County
State-Aid Highway 9 and marked Interstate Highway 494 in Plymouth; authorizing
the sale and issuance of state bonds.

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

Section 1. new text begin INTERCHANGE AT COUNTY STATE-AID HIGHWAY 9 AND
MARKED INTERSTATE HIGHWAY 494; PLYMOUTH.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $10,720,000 is appropriated from the bond proceeds
fund to the commissioner of transportation to design, construct, furnish, and equip the
interchange at County State-Aid Highway 9 and marked Interstate Highway 494, including
replacing the County State-Aid Highway 9 bridge over marked Interstate Highway 494 and
the ramps connecting County State-Aid Highway 9 and marked Interstate Highway 494.
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 $10,720,000 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