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SF 874

as introduced - 90th Legislature (2017 - 2018) Posted on 02/17/2017 09:24am

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

Current Version - as introduced

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1.17

A bill for an act
relating to transportation; appropriating money for highway-rail grade crossing
separation in Coon Rapids; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin HIGHWAY-RAIL GRADE SEPARATION AT FOLEY BOULEVARD;
COON RAPIDS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $17,000,000 is appropriated from the bond proceeds
account in the state transportation fund as provided in Minnesota Statutes, section 174.50,
to the commissioner of transportation for a grant to Anoka County for environmental analysis,
design, engineering, and construction of a rail grade crossing separation at Anoka County
State-Aid Highway 11, known as Foley Boulevard, in Coon Rapids.
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 bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $17,000,000 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.
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