| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to transportation; appropriating money to construct a roundabout on marked |
|---|
| 3 | 3 | | 1.3 U.S. Highway 8 in the city of Shafer; authorizing the sale and issuance of state |
|---|
| 4 | 4 | | 1.4 bonds. |
|---|
| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
|---|
| 6 | 6 | | 1.6 Section 1. SHAFER; MARKED U.S. HIGHWAY 8 ROUNDABOUT . |
|---|
| 7 | 7 | | 1.7 Subdivision 1.Appropriation.$3,500,000 is appropriated from the bond proceeds |
|---|
| 8 | 8 | | 1.8account in the trunk highway fund to the commissioner of transportation for environmental |
|---|
| 9 | 9 | | 1.9analysis, predesign, design, engineering, and construction of a roundabout on marked U.S. |
|---|
| 10 | 10 | | 1.10Highway 8 at its intersection with Chisago County State-Aid Highway 21 in the city of |
|---|
| 11 | 11 | | 1.11Shafer. This appropriation is for the portion of the project that is eligible for use of proceeds |
|---|
| 12 | 12 | | 1.12of trunk highway bonds. |
|---|
| 13 | 13 | | 1.13 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
|---|
| 14 | 14 | | 1.14proceeds account in the trunk highway fund, the commissioner of management and budget |
|---|
| 15 | 15 | | 1.15shall sell and issue bonds of the state in an amount up to $3,500,000 in the manner, upon |
|---|
| 16 | 16 | | 1.16the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, |
|---|
| 17 | 17 | | 1.17and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts |
|---|
| 18 | 18 | | 1.18requested by the commissioner of transportation. The proceeds of the bonds, except accrued |
|---|
| 19 | 19 | | 1.19interest and any premium received from the sale of the bonds, must be deposited in the bond |
|---|
| 20 | 20 | | 1.20proceeds account in the trunk highway fund. |
|---|
| 21 | 21 | | 1.21 EFFECTIVE DATE.This section is effective the day following final enactment. |
|---|
| 22 | 22 | | 1Section 1. |
|---|
| 23 | 23 | | 25-01312 as introduced12/16/24 REVISOR KRB/AD |
|---|
| 24 | 24 | | SENATE |
|---|
| 25 | 25 | | STATE OF MINNESOTA |
|---|
| 26 | 26 | | S.F. No. 370NINETY-FOURTH SESSION |
|---|
| 27 | 27 | | (SENATE AUTHORS: KORAN and Housley) |
|---|
| 28 | 28 | | OFFICIAL STATUSD-PGDATE |
|---|
| 29 | 29 | | Introduction and first reading01/21/2025 |
|---|
| 30 | 30 | | Referred to Transportation |
|---|