Loading chat...
MN HF3800
Bill
Status
3/14/2018
Primary Sponsor
Joyce Peppin
Click for details
AI Summary
-
Appropriates $13,500,000 from the state transportation fund bond proceeds account to the commissioner of transportation for the I-94/Brockton Lane interchange project in Dayton.
-
Funds cover design, engineering, environmental analysis, property and easement acquisition, construction, and reconstruction of local roads in conjunction with an interchange on Interstate Highway 94 near Hennepin County State-Aid Highway 101 (Brockton Lane).
-
Authorizes the commissioner of management and budget to sell and issue state bonds up to $13,500,000 to provide the appropriated funds under Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
-
Appropriation becomes available only when the commissioner of management and budget determines sufficient resources have been committed to complete the project as required by Minnesota Statutes section 16A.502.
-
Bond proceeds (except accrued interest and premiums) must be credited to the bond proceeds account in the state transportation fund; effective the day following final enactment.
Legislative Description
Dayton; I-94 and Brockton Lane interchange project funding provided, bonds issued, and money appropriated.
Last Action
Introduction and first reading, referred to Transportation Finance
3/14/2018