as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 02/03/2005 |
A bill for an act
relating to highways; authorizing issuance of trunk
highway bonds for improvements to marked Trunk Highway
10; appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$2,500,000 is appropriated from the trunk highway fund to
the commissioner of transportation for constructing the
intersection of marked Trunk Highway 10, with County Road 81 and
200th Street in Big Lake Township. This appropriation is
available until spent.
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To provide the money appropriated in this act from the
trunk highway fund, the commissioner of finance shall sell and
issue bonds of the state in an amount up to $2,500,000 in the
manner, upon the terms, and with the effect prescribed by
Minnesota Statutes, sections 167.50 to 167.52, and by the
Minnesota Constitution, article XIV, section 11, at the times
and in the amounts requested by the commissioner of
transportation. The proceeds of the bonds, except accrued
interest and any premium received on the sale of the bonds, must
be credited to the trunk highway fund.
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Sections 1 and 2 are effective the day following final
enactment.
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