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MN HF2893
Bill
Status
3/10/2014
Primary Sponsor
Jeff Howe
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AI Summary
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Appropriates $250,000 from bond proceeds to the commissioner of transportation for a grant to Collegeville Township for the Island Lake Road Improvement project
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Funds are contingent on the commissioner of management and budget determining that at least $750,000 in nonstate funding is committed to the project
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Authorizes the commissioner of management and budget to sell and issue state bonds up to $250,000 to fund the appropriation
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Bond issuance follows procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, article XI, sections 4 to 7
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Effective the day following final enactment
Legislative Description
Collegeville Township; road project funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/10/2014