Minnesota SF 408: U.S. Highway 10 segment additional lane construction bond issue and appropriation

Bill Text

1.1 A bill for an act​
1.2 relating to capital investment; appropriating money to construct additional lanes​
1.3 on a segment of U.S. Highway 10; authorizing the sale and issuance of state bonds.​
1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. MARKED U.S. HIGHWAY 10 STRATEGIC CONGESTION​
1.6 MITIGATION.​
1.7 Subdivision 1.Appropriation.$30,000,000 is appropriated from the bond proceeds​
1.8 fund to the commissioner of transportation for a grant to Anoka County to complete the​
1.9 preliminary engineering, environmental documentation, final design, right-of-way acquisition,​
1.10 construction, and construction administration of a third travel lane in each direction of​
1.11 marked U.S. Highway 10 from east of the interchange with Hanson Boulevard to Round​
1.12 Lake Boulevard in the city of Coon Rapids. This appropriation does not require a nonstate​
1.13 contribution.​
1.14 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond​
1.15 proceeds fund, the commissioner of management and budget shall sell and issue bonds of​
1.16 the state in an amount up to $30,000,000 in the manner, upon the terms, and with the effect​
1.17 prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota​
1.18 Constitution, article XI, sections 4 to 7.​
1.19 EFFECTIVE DATE.This section is effective the day following final enactment.​
1​Section 1.​
23-00640 as introduced​11/29/22 REVISOR JSK/CH​
SENATE​
STATE OF MINNESOTA​
S.F. No. 408​NINETY-THIRD SESSION​
(SENATE AUTHORS: HOFFMAN, Abeler, Kreun, Bahr and Gustafson)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​296​01/19/2023​
Referred to Transportation​