1.1 	A bill for an act
1.2 	relating to transportation; appropriating money for improvements at the intersection 
1.3 	of marked U.S. Highway 61 and Washington County State-Aid Highway 32 in 
1.4 	the city of Forest Lake; authorizing the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. FOREST LAKE; U.S. HIGHWAY 61 INTERSECTION 
1.7 	IMPROVEMENTS.
 1.8 		Subdivision 1.Appropriation. $5,500,000 is appropriated from the bond proceeds 
1.9 	account in the trunk highway fund to the commissioner of transportation for preliminary 
1.10 	design, final design, engineering, right-of-way acquisition, and construction of improvements 
1.11 	to the intersection of marked U.S. Highway 61 and Washington County State-Aid Highway 
1.12 	32 (11th Avenue) in the city of Forest Lake, including a roundabout and associated 
1.13 	improvements to address safety, accessibility, and other traffic operations issues.
1.14 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.15 	proceeds account in the trunk highway fund, the commissioner of management and budget 
1.16 	shall sell and issue bonds of the state in an amount up to $5,500,000 in the manner, upon 
1.17 	the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, 
1.18 	and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts 
1.19 	requested by the commissioner of transportation. The proceeds of the bonds, except accrued 
1.20 	interest and any premium received from the sale of the bonds, must be deposited in the bond 
1.21 	proceeds account in the trunk highway fund.

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