as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to highways; authorizing state bonds for 1.3 Central Avenue and Jefferson Highway project in Osseo. 1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.5 Section 1. [APPROPRIATION; HIGHWAY PROJECT.] 1.6 $1,700,000 is appropriated from the bond proceeds fund to 1.7 the commissioner of transportation for a grant to the city of 1.8 Osseo for completion of the Central Avenue and Jefferson Highway 1.9 project in the city. 1.10 Sec. 2. [BOND SALE.] 1.11 To provide the money appropriated by section 1 from the 1.12 bond proceeds fund, the commissioner of finance shall sell and 1.13 issue bonds of the state in an amount up to $1,700,000 in the 1.14 manner, on the terms, and with the effect prescribed by 1.15 Minnesota Statutes, sections 16A.631 to 16A.675, and by the 1.16 Minnesota Constitution, article XI, sections 4 to 7.