as introduced - 89th Legislature (2015 - 2016) Posted on 01/27/2015 09:28am
A bill for an act
relating to transportation; capital improvements; appropriating money for
reconstruction of interchange of County Road 42 at marked Trunk Highway 52
in Dakota County; authorizing the sale and issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$10,000,000 is appropriated from the bond proceeds fund to the commissioner of
transportation for stage one of the project that reconstructs the interchange of County
Road 42 at marked Trunk Highway 52 in Dakota County.
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To provide the money appropriated in section 1 from the bond proceeds fund, the
commissioner of management and budget shall sell and issue bonds of the state in an
amount up to $10,000,000 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.
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Section 1 is effective the day following final enactment.
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