SF 3775

as introduced - 90th Legislature (2017 - 2018) Posted on 03/23/2018 09:26am

A bill for an act
relating to capital investment; appropriating money for U.S. Highway 10 and
supporting frontage roads in the cities of Anoka, Coon Rapids, and Ramsey;
authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ANOKA COUNTY HIGHWAY AND STREET IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $139,700,000 is appropriated from the bond proceeds
account in the trunk highway fund to the commissioner of transportation for a grant to Anoka
County to complete the environmental review, land acquisition, engineering, and construction
for the improvement of marked U.S. Highway 10, and supporting frontage roads from
Hanson Boulevard in the city of Coon Rapids to Armstrong Boulevard in the city of Ramsey
comprising of the following components:
new text end

new text begin (1) $38,900,000 of this appropriation is for the Fairoak Avenue Underpass, Thurston
Boulevard Interchange, West Main Street Interchange improvements, and the associated
frontage road improvements in the city of Anoka;
new text end

new text begin (2) $13,900,000 of this appropriation is for the addition of one traffic lane in each
direction on marked U.S. Highway 10 between Hanson Boulevard and Round Lake Boulevard
in the city of Coon Rapids;
new text end

new text begin (3) $44,800,000 of this appropriation is for an interchange at Ramsey Boulevard and
associated frontage road improvements in the city of Ramsey; and
new text end

new text begin (4) $42,100,000 of this appropriation is for an interchange at Sunfish Lake Boulevard
and associated frontage road improvements in the city of Ramsey.
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 $139,700,000 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.
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