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Minnesota Legislature

Office of the Revisor of Statutes

HF 1761

as introduced - 90th Legislature (2017 - 2018) Posted on 02/27/2017 01:53pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/27/2017

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for local road and trail
improvements in Carver County; authorizing the sale and issuance of state bonds.

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

Section 1. new text beginHIGHWAY 101 RECONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $25,100,000 is appropriated from the bond proceeds
fund to the commissioner of transportation for a grant to Carver County, following a
jurisdictional transfer to Carver County of the affected segment of Trunk Highway 101, for
design, right-of-way acquisition, engineering, and reconstruction of Trunk Highway 101
between Pioneer Trail and Flying Cloud Drive, including grade separation of a multipurpose
pedestrian and bicycle trail from Highway 101 for the Minnesota River Bluffs Regional
Trail and a regional trail along Highway 101. This appropriation is not available until the
commissioner of management and budget determines that at least $3,400,000 is committed
to the project from nonstate sources.
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 this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $25,100,000 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.
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