1.1 	A bill for an act
1.2 	relating to highways; appropriating money and authorizing issuance of trunk 
1.3 	highway bonds for an interchange at I-35 and County State-Aid Highway 23.
1.4 	 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. ANOKA COUNTY HIGHWAY INTERCHANGE.
 1.6 		Subdivision 1. Appropriation. $2,860,000 is appropriated from the bond proceeds 
1.7 	account in the trunk highway fund to the commissioner of transportation for constructing 
1.8 	an interchange improvement at marked Interstate Highway 35 and County State-Aid 
1.9 	Highway 23 in the city of Lino Lakes in Anoka County.
1.10 		Subd. 2. Bond sale. To provide the money appropriated in this section from the 
1.11 	trunk highway fund, the commissioner of finance shall sell and issue bonds of the state in 
1.12 	an amount up to $2,860,000 in the manner, upon the terms, and with the effect prescribed 
1.13 	in Minnesota Statutes, sections 167.50 and 167.51, and by the Minnesota Constitution, 
1.14 	article XIV, section 11.  The proceeds of the bonds, except accrued interest and any 
1.15 	premium received on the sales of the bonds, must be credited to a bond proceeds account 
1.16 	in the trunk highway fund. 

1.17 	Sec. 2. EFFECTIVE DATE.
 1.18 	Section 1 is effective the day following final enactment.