1.1 	A bill for an act
1.2 	relating to transportation; appropriating money for reconstruction of marked U.S. 
1.3 	Highway 8; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. MARKED U.S. HIGHWAY 8 RECONSTRUCTION; APPROPRIATION 
1.6 	AND BOND SALE AUTHORIZATION.
 1.7 		Subdivision 1.Appropriation. $35,000,000 is appropriated from the bond proceeds 
1.8 	account in the trunk highway fund to the commissioner of transportation for a grant to 
1.9 	Chisago County to predesign, design, engineer, and construct a reconstruction of marked 
1.10 	U.S. Highway 8 from Karmel Avenue in Chisago City to marked Interstate Highway 35 
1.11 	and pedestrian and bike trails along and crossing this portion of marked U.S. Highway 8. 
1.12 	This reconstruction may include expanding segments of marked U.S. Highway 8 to four 
1.13 	lanes, constructing or reconstructing frontage roads and backage roads, and realigning local 
1.14 	roads to consolidate, remove, and relocate access onto and off of marked U.S. Highway 8. 
1.15 	This appropriation is for the portion of the project that is eligible for use of proceeds of 
1.16 	trunk highway bonds. This appropriation is available when the commissioner of management 
1.17 	and budget determines that sufficient resources have been committed to complete the project. 
1.18 	This appropriation is available until the project is completed or abandoned subject to 
1.19 	Minnesota Statutes, section 16A.642.
1.20 		Subd. 2.Appropriation. $15,000,000 is appropriated from the bond proceeds fund to 
1.21 	the commissioner of transportation for a grant to Chisago County to predesign, design, 
1.22 	engineer, and construct a reconstruction of marked U.S. Highway 8 from Karmel Avenue 
1.23 	in Chisago City to marked Interstate Highway 35 and pedestrian and bike trails along and 
2.1 	crossing this portion of marked U.S. Highway 8. This reconstruction may include expanding 
2.2 	segments of marked U.S. Highway 8 to four lanes, constructing or reconstructing frontage 
2.3 	roads and backage roads, and realigning local roads to consolidate, remove, and relocate 
2.4 	access onto and off of marked U.S. Highway 8. This appropriation is for the portion of the 
2.5 	project that is eligible for use of general obligation bond proceeds. This appropriation is 
2.6 	available when the commissioner of management and budget determines that sufficient 
2.7 	resources have been committed to the project to complete the project. This appropriation 
2.8 	is available until the project is completed or abandoned, subject to Minnesota Statutes, 
2.9 	section 16A.642.
2.10 		Subd. 3.Bond sale; trunk highway bonds. To provide the money appropriated in 
2.11 	subdivision 1 from the bond proceeds account in the trunk highway fund, the commissioner 
2.12 	of management and budget shall sell and issue bonds of the state in an amount up to 
2.13 	$35,000,000 in the manner, upon the terms, and with the effect prescribed by Minnesota 
2.14 	Statutes, sections 167.50 to 167.52, and by the Minnesota Constitution, article XIV, section 
2.15 	11, at the times and in the amounts requested by the commissioner of transportation. The 
2.16 	proceeds of the bonds, except accrued interest and any premium received from the sale of 
2.17 	the bonds, must be deposited in the bond proceeds account in the trunk highway fund.
2.18 		Subd. 4.Bond sale; general obligation bonds. To provide the money appropriated in 
2.19 	subdivision 2 from the bond proceeds fund, the commissioner of management and budget 
2.20 	shall sell and issue bonds of the state in an amount up to $15,000,000 in the manner, upon 
2.21 	the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, 
2.22 	and by the Minnesota Constitution, article XI, sections 4 to 7.
2.23 		Subd. 5.Marked U.S. Highway 8 reconstruction; application of planned 
2.24 	spending. Amounts planned by the Department of Transportation for the resurfacing of 
2.25 	marked U.S. Highway 8, as reflected in the department's Metro District 10-Year Capital 
2.26 	Highway Investment Plan 2020-2029, shall instead be applied to the reconstruction of 
2.27 	marked U.S. Highway 8 to supplement appropriations for that purpose from any fund in 
2.28 	this section.

2.29 	EFFECTIVE DATE. This section is effective the day following final enactment.