1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for an interchange project on 
1.3 	East River Road at marked Trunk Highway 610 in the city of Coon Rapids; 
1.4 	authorizing the sale and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. ANOKA COUNTY; EAST RIVER ROAD.
 1.7 		Subdivision 1.Appropriation. $20,000,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of transportation for a grant to the city of Coon Rapids, Anoka 
1.9 	County, or both, to complete the final design of and acquire right-of-way for interchange 
1.10 	construction and associated improvements to Anoka County State-Aid Highway 1 (East 
1.11 	River Road), at marked Trunk Highway 610 in the city of Coon Rapids. This appropriation 
1.12 	is in addition to the appropriation in Laws 2020, Fifth Special Session chapter 3, article 1, 
1.13 	section 16, subdivision 3. Any money remaining after completion of final design and 
1.14 	acquisition of right-of-way, upon written notice to the commissioner of management and 
1.15 	budget, may be used to construct the interchange.
1.16 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.17 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.18 	the state in an amount up to $20,000,000 in the manner, upon the terms, and with the effect 
1.19 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.20 	Constitution, article XI, sections 4 to 7.

1.21 	EFFECTIVE DATE. This section is effective the day following final enactment.