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HF 3896

as introduced - 89th Legislature (2015 - 2016) Posted on 04/14/2016 12:45pm

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

Current Version - as introduced

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A bill for an act
relating to transportation; capital investment; appropriating money for
modifications to a marked Trunk Highway 610 interchange project; authorizing
sale and issuance of state bonds.

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

Section 1. new text begin MARKED TRUNK HIGHWAY 610 PROJECT MODIFICATIONS;
APPROPRIATION AND TRUNK HIGHWAY BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $20,000,000 is appropriated from the bond
proceeds account in the trunk highway fund to the commissioner of transportation for the
interchange project at marked Trunk Highway 610, marked Interstate Highway 94, and
Hennepin County State-Aid Highway 30, including:
new text end

new text begin (1) an access ramp from marked Trunk Highway 610 westbound to marked Interstate
Highway 94 westbound;
new text end

new text begin (2) roadwork on marked Interstate Highway 94 south of the proposed county
interchange of Hennepin County State-Aid Highway 30 and marked Interstate Highway
94 to Maple Grove Parkway; and
new text end

new text begin (3) drainage ponds adjacent to the Hennepin County State-Aid Highway 30 and
marked Interstate Highway 94 interchange.
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 subdivision 1 from the
bond proceeds account in the trunk highway fund, the commissioner of management
and budget shall sell and issue bonds of the state in an amount up to $20,000,000 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 from the sale of the bonds, must
be deposited in the bond proceeds account in the trunk highway fund.
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

Sec. 2. new text begin MARKED TRUNK HIGHWAY 610 PROJECT; APPROPRIATION AND
BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $25,000,000 is appropriated from the bond proceeds
fund to the commissioner of transportation to construct and perform work or provide a
grant to the city of Maple Grove to construct and perform work for the interchange project
at marked Trunk Highway 610, marked Interstate Highway 94, and Hennepin County
State-Aid Highway 30, including:
new text end

new text begin (1) a new county road spur connecting Hennepin County State-Aid Highway 30 to
marked Interstate Highway 94 and marked Trunk Highway 610;
new text end

new text begin (2) county road bridges over marked Interstate Highway 94;
new text end

new text begin (3) an access ramp from the county road spur to marked Interstate Highway 94
eastbound;
new text end

new text begin (4) an access ramp from marked Interstate Highway 94 westbound to the new
county road spur;
new text end

new text begin (5) an access ramp or tie-in from the county road spur to marked Trunk Highway
610 eastbound; and
new text end

new text begin (6) an access ramp from marked Trunk Highway 610 westbound to the new county
road spur, including a bridge over the connection to marked Interstate Highway 94.
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 $25,000,000 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