1.1 	A bill for an act
1.2 	relating to transportation; appropriating money for U.S. Highway 169 and Bren 
1.3 	Road/Londonderry Road interchange design; authorizing sale of trunk highway 
1.4 	bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. U.S. HIGHWAY 169 AND BREN ROAD/LONDONDERRY ROAD 
1.7 	INTERCHANGE DESIGN.
 1.8 		Subdivision 1.Appropriation. $2,500,000 is appropriated from the bond proceeds 
1.9 	account in the trunk highway fund to the commissioner of transportation, to design the 
1.10 	reconfiguration and upgrade of the interchange of marked U.S. Highway 169 and Bren 
1.11 	Road/Londonderry Road in Minnetonka and Edina.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in subdivision 1 from the 
1.13 	bond proceeds account in the trunk highway fund, the commissioner of finance shall sell 
1.14 	and issue bonds of the state in an amount up to $2,500,000 in the manner, upon the terms, 
1.15 	and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, and 
1.16 	by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts 
1.17 	requested by the commissioner of transportation.  The proceeds of the bonds, except 
1.18 	accrued interest and any premium received on the sale of the bonds, must be credited to 
1.19 	the bond proceeds account in the trunk highway fund.

1.20 	EFFECTIVE DATE. This section is effective the day following final enactment.