1.1 	A bill for an act
1.2 	relating to capital investment; appropriating money for design of a highway 
1.3 	interchange in Zimmerman; authorizing the sale and issuance of state bonds.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. ZIMMERMAN INTERCHANGE PROJECT.
 1.6 		Subdivision 1.Appropriation. $2,000,000 is appropriated from the bond proceeds 
1.7 	account in the state transportation fund to the commissioner of transportation for a grant to 
1.8 	Sherburne County for environmental documentation, preliminary engineering, and final 
1.9 	design of the local road portions of the proposed interchange project at marked U.S. Highway 
1.10 	169 and Sherburne County State-Aid Highway 4 in Zimmerman. Any money remaining 
1.11 	upon completion of the design process may be used to acquire right-of-way needed for the 
1.12 	local road portions of the interchange project.
1.13 		Subd. 2.Bond sale. To provide the money appropriated in this section from the bond 
1.14 	proceeds fund, the commissioner of management and budget shall sell and issue bonds of 
1.15 	the state in an amount up to $2,000,000 in the manner, upon the terms, and with the effect 
1.16 	prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota 
1.17 	Constitution, article XI, sections 4 to 7.

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