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MN HF2624
Bill
Status
3/1/2012
Primary Sponsor
Michael Beard
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AI Summary
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Appropriates $10,000,000 from the state transportation fund bond proceeds account to the commissioner of transportation for design and construction of a four-lane bridge over the Minnesota River flood plain between Carver and Scott Counties along old Trunk Highway 101
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Requires the commissioner of transportation to certify that estimated project costs exceeding the $10,000,000 appropriation are assured by funds already appropriated to and obligated by the agency before disbursement occurs
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Authorizes the commissioner of management and budget to sell and issue up to $10,000,000 in state bonds per Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7
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Directs bond proceeds, excluding accrued interest and any premium, to be credited to the bond proceeds account in the state transportation fund
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Takes effect the day following final enactment
Legislative Description
Local bridge over the Minnesota River between Carver and Scott Counties funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Policy and Finance
3/1/2012