1.1 	A bill for an act
1.2 	relating to transportation; appropriating money to reconstruct Trunk Highway 
1.3 	100; authorizing sale of trunk highway bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. RECONSTRUCTION OF HIGHWAY 100; HENNEPIN COUNTY.
 1.6 		Subdivision 1.Appropriation. $154,000,000 is appropriated from the bond 
1.7 	proceeds account in the trunk highway fund to the commissioner of transportation for 
1.8 	the reconstruction of marked Trunk Highway 100, from Excelsior Boulevard to marked 
1.9 	Interstate Highway 394 in Hennepin County, to six-lane freeway standards to include 
1.10 	improvements to local access and connections.
1.11 		Subd. 2.Bond sale. To provide the money appropriated by subdivision 1 from the 
1.12 	bond proceeds account in the trunk highway fund, the commissioner of finance shall sell 
1.13 	and issue trunk highway bonds in an amount up to $154,000,000 in the manner, on the 
1.14 	terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, 
1.15 	and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts 
1.16 	requested by the commissioner of transportation. The proceeds of the bonds, except 
1.17 	accrued interest and any premium received on the sale of the bonds, must be credited to 
1.18 	the bond proceeds account in the trunk highway fund.

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