H.F. 432 Summary

• Appropriates $538,000 from state transportation fund bond proceeds to the Commissioner of Transportation for a trunk highway corridor project grant to the city of Mountain Iron
• Funds local road improvements to Enterprise Drive North where it intersects marked U.S. Highway 169 in Mountain Iron
• Project is being completed in conjunction with the reconstruction of marked U.S. Highway 169
• Authorizes the Commissioner of Management and Budget to sell and issue state bonds up to $538,000 with proceeds credited to a bond proceeds account in the state transportation fund
• Effective date is the day following final enactment