Minnesota SF1867 authorizes the issuance of state bonds and appropriates $4.5 million for the reconstruction of the Interstate Highway 35 and Scott.
Minnesota SF1867 proposes the appropriation of $4.5 million from the bond proceeds account in the trunk highway fund for the reconstruction of the interchange at Interstate Highway 35 and Scott County State-Aid Highway 2. The bill also authorizes the sale and issuance of state bonds up to $4.5 million to fund this project. The proceeds from the bond sales, excluding accrued interest and any premium, will be deposited into the bond proceeds account to cover the costs of planning, design, environmental review, engineering, and right-of-way acquisition for the interchange reconstruction.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.