as introduced - 93rd Legislature (2023 - 2024) Posted on 02/15/2024 09:36am
A bill for an act
relating to capital investment; appropriating money for improvement of the
Washington Avenue intersection in the city of Stillwater; authorizing the sale and
issuance of state bonds.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$1,268,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for a grant to the city of Stillwater to design, engineer,
and construct a new intersection of Washington Avenue and North Frontage Road and
associated roadway and safety upgrades and improvements in the city.
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To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $1,268,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
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This section is effective the day following final enactment.
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