Appropriates funds for the reconstruction of Trunk Highway 75 from Luverne to Pipestone and authorizes bond issuance.
Allocates funds from the bond proceeds account in the trunk highway fund for the reconstruction of Trunk Highway 75 from Luverne to Pipestone. It also authorizes the commissioner of management and budget to sell and issue state bonds to provide the appropriated money. The proceeds from the bond sales, excluding accrued interest and any premium, must be deposited back into the bond proceeds account in the trunk highway fund. The bill specifies that the funds will be used for preliminary design, final design, engineering, construction, and reconstruction of the highway.
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