1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for the Highway 10 and 
1.3 	Armstrong Boulevard Interchange in the city of Ramsey; authorizing the sale 
1.4 	and issuance of state bonds.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. HIGHWAY 10 AND ARMSTRONG BOULEVARD INTERCHANGE.
 1.7 		Subdivision 1.Appropriation. $17,000,000 is appropriated from the bond proceeds 
1.8 	fund to the commissioner of transportation for a grant to Anoka County to complete the 
1.9 	final design, and for land acquisition and construction of the interchange of marked U.S. 
1.10 	Highway 10 and County State-Aid Highway 83 (Armstrong Boulevard) in the city of 
1.11 	Ramsey and for associated improvements.
1.12 		Subd. 2.Bond sale. To provide the money appropriated in this section from the 
1.13 	bond proceeds fund, the commissioner of management and budget shall sell and issue 
1.14 	bonds of the state in an amount up to $17,000,000 in the manner, upon the terms, and with 
1.15 	the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the 
1.16 	Minnesota Constitution, article XI, sections 4 to 7.

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