as introduced - 90th Legislature (2017 - 2018) Posted on 03/06/2018 08:47am
A bill for an act
relating to capital investment; appropriating money for predesign and design of a
project that reconstructs marked U.S. Highway 8; authorizing the sale and issuance
of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$7,500,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for predesign and design of a project that reconstructs
marked U.S. Highway 8 in Chisago County.
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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 $7,500,000 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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This section is effective the day following final enactment.
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