Minnesota Legislature
HF 1128
as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 02/17/2005 |
Current Version - as introduced
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A bill for an act
relating to capital improvements; authorizing the
issuance of state bonds; appropriating money for the
preparation and evaluation of engineering concepts and
layouts for the reconstruction and expansion of I-35W
between I-694 and I-35 in Anoka and Ramsey Counties.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin APPROPRIATION.
new text end
new text begin
$500,000 is appropriated from the bond proceeds account in
the trunk highway fund to the commissioner of transportation to
develop and evaluate engineering concepts and layouts for the
reconstruction of marked Interstate Highway I-35W from marked
Interstate Highway I-694 in Ramsey County to marked Interstate
Highway I-35 in Anoka County. This appropriation may be used to
conduct all necessary planning and public involvement actions
leading to a scoping decision based on the preferred
alternative. Plans for marked Interstate Highway I-35W must
identify all necessary improvements to appropriate segments of
Trunk Highway marked 10, marked Interstate Highway I-694, and
related county and city infrastructure.
new text end
Sec. 2. new text begin BOND SALE.
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new text begin
To provide the money appropriated in section 1 from the
bond proceeds account in the trunk highway fund, the
commissioner of finance shall sell and issue bonds of the state
in an amount up to $500,000 in the manner, on 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 from the sale
of the bonds, must be deposited in the bond proceeds account in
the trunk highway fund.
new text end
Sec. 3. new text begin EFFECTIVE DATE.
new text end
new text begin
Sections 1 and 2 are effective the day following final
enactment.
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