HF 1697

as introduced - 91st Legislature (2019 - 2020) Posted on 03/04/2019 04:36pm

A bill for an act
relating to transportation; capital improvements; appropriating money for East
River Road interchange improvements at marked Trunk Highway 610; authorizing
the sale and issuance of state bonds.

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

Section 1. new text begin EAST RIVER ROAD INTERCHANGE AT MARKED TRUNK HIGHWAY
610 IMPROVEMENTS; APPROPRIATION AND BOND SALE AUTHORIZATION.
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
Anoka County to complete the preliminary engineering, environmental documentation, and
final design of interchange construction and associated improvements to Anoka County
State-Aid Highway 1, known as East River Road, at marked Trunk Highway 610 in the city
of Coon Rapids.
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 subdivision 1 from the bond
proceeds account in the state transportation 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, at the times and in
the amounts requested by the commissioner of transportation.
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