SF 1828

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 issuance of 
  1.3             $30,000,000 in state trunk highway bonds for 
  1.4             completion of a segment of Marked Trunk Highway 610 as 
  1.5             a four-lane freeway; appropriating money. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [APPROPRIATION; T. H. 610 PROJECT.] 
  1.8      $30,000,000 is appropriated from the trunk highway fund to 
  1.9   assist in the completion of Marked Trunk Highway 610 as a 
  1.10  four-lane freeway from its intersection with Marked Trunk 
  1.11  Highway 169 to its intersection with Marked Interstate Highway 
  1.12  94.  This appropriation is available until spent. 
  1.13     Sec. 2.  [BOND SALE AUTHORIZATION.] 
  1.14     On request of the commissioner of transportation, the 
  1.15  commissioner of finance shall issue and sell Minnesota state 
  1.16  trunk highway bonds for the purposes provided in Minnesota 
  1.17  Statutes, section 167.51, subdivision 1, in the aggregate 
  1.18  principal amount of $30,000,000 in the manner and on the 
  1.19  conditions prescribed in Minnesota Statutes, sections 167.50 and 
  1.20  167.51, and in the Minnesota Constitution, article XIV, section 
  1.21  11.  The proceeds of the bonds must be deposited in the trunk 
  1.22  highway fund for expenditure in accordance with section 1.