MN SF4867

Appropriates $25,000,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the Interstate 35 bridge and interchange project at Dakota County State-Aid Highway 50 in Lakeville.

Funds cover environmental analysis, predesign, design, engineering, right-of-way acquisition, easements, and construction of bridges and interchanges including two bridges over CSAH 50 and two bridges over the railroad south of CSAH 50.

Authorizes the commissioner of management and budget to sell and issue state bonds up to $25,000,000 pursuant to Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution article XIV, section 11.

Requires bond proceeds, except accrued interest and premiums, to be deposited in the bond proceeds account in the trunk highway fund.

Takes effect the day following final enactment.