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HF 1501

as introduced - 92nd Legislature (2021 - 2022) Posted on 02/25/2021 05:54pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/22/2021

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for an interchange project on
marked Trunk Highway 169 in Scott County; authorizing the sale and issuance of
state bonds.

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

Section 1. new text beginSCOTT COUNTY INTERCHANGE PROJECT; APPROPRIATION AND
BOND SALE AUTHORIZATION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,500,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
Scott County to complete preliminary and final design, environmental documentation, and
right-of-way acquisition for construction of an interchange located at the intersections of
marked Trunk Highway 169, marked Trunk Highway 282, and Scott County State-Aid
Highway 9 in the city of Jordan.
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 this section from the state
transportation fund, the commissioner of management and budget shall sell and issue bonds
of the state in an amount up to $2,500,000 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.
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