| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to capital investment; appropriating money for improvements to the |
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| 3 | 3 | | 1.3 intersection at Carver County State-Aid Highway 51 and U.S. Highway 212; |
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| 4 | 4 | | 1.4 authorizing the sale and issuance of state bonds. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. CARVER COUNTY; COUNTY STATE-AID HIGHWAY 51 AND U.S. |
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| 7 | 7 | | 1.7HIGHWAY 212 INTERSECTION SAFETY IMPROVEMENTS. |
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| 8 | 8 | | 1.8 Subdivision 1.Appropriation.$6,000,000 is appropriated from the bond proceeds |
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| 9 | 9 | | 1.9account in the state transportation fund to the commissioner of transportation for a grant to |
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| 10 | 10 | | 1.10Carver County for the design, engineering, and construction of improvements to the |
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| 11 | 11 | | 1.11intersection of Carver County State-Aid Highway 51 and U.S. Highway 212. This project |
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| 12 | 12 | | 1.12includes County State-Aid Highway 51 roadway construction, a bridge over U.S. Highway |
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| 13 | 13 | | 1.13212, side street construction, drainage, and water quality improvements. This appropriation |
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| 14 | 14 | | 1.14is available when the commissioner of management and budget determines that an amount |
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| 15 | 15 | | 1.15sufficient has been committed to complete the project, as required by Minnesota Statutes, |
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| 16 | 16 | | 1.16section 16A.502. |
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| 17 | 17 | | 1.17 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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| 18 | 18 | | 1.18proceeds account in the state transportation fund, the commissioner of management and |
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| 19 | 19 | | 1.19budget shall sell and issue bonds of the state in an amount up to $6,000,000 in the manner, |
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| 20 | 20 | | 1.20upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to |
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| 21 | 21 | | 1.2116A.675, and by the Minnesota Constitution, article XI, sections 4 to 7. |
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| 22 | 22 | | 1Section 1. |
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| 23 | 23 | | REVISOR KRB/AD 25-0348602/07/25 |
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| 24 | 24 | | State of Minnesota |
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| 25 | 25 | | This Document can be made available |
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| 26 | 26 | | in alternative formats upon request |
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| 27 | 27 | | HOUSE OF REPRESENTATIVES |
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| 28 | 28 | | H. F. No. 463 |
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| 29 | 29 | | NINETY-FOURTH SESSION |
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| 30 | 30 | | Authored by Harder02/13/2025 |
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| 31 | 31 | | The bill was read for the first time and referred to the Committee on Capital Investment |
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