MN HF2511

Appropriates $500,000 from the trunk highway bond proceeds account to the commissioner of transportation for reconstruction and improvement of the intersection of marked Trunk Highway 55 and County State-Aid Highway 102 (Douglas Drive) in Golden Valley.

Authorizes the commissioner of management and budget to sell and issue state bonds up to $500,000 to fund the appropriation, in accordance with Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution article XIV, section 11.

Requires bond proceeds, excluding accrued interest and any premium from bond sales, to be deposited in the bond proceeds account in the trunk highway fund.

Takes effect the day following final enactment.