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SF 2372

as introduced - 89th Legislature (2015 - 2016) Posted on 03/09/2016 09:04am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11
1.12 1.13 1.14 1.15 1.16 1.17
1.18 1.19

A bill for an act
 relating to transportation; capital improvements; appropriating money for
reconstruction of interchange of County Road 42 at marked Trunk Highway 52
in Dakota County; authorizing the sale and issuance of state bonds.

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

Section 1. COUNTY ROAD 42 AND MARKED TRUNK HIGHWAY 52
INTERCHANGE; APPROPRIATION.

$2,000,000 is appropriated from the bond proceeds account in the state transportation
fund to the commissioner of transportation for the city of Rosemount local share of the
project that reconstructs the interchange of County Road 42 at marked Trunk Highway 52
in Dakota County.

Sec. 2. BOND SALE.

To provide the money appropriated in section 1 from the bond proceeds account
in the state transportation fund, the commissioner of management and budget shall sell
and issue bonds of the state in an amount up to $2,000,000 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.

Sec. 3. EFFECTIVE DATE.

Sections 1 and 2 are effective the day following final enactment.