Bill > SF370

This bill appropriates $3.5 million from the trunk highway fund's bond proceeds account to construct a roundabout on marked U.S. Highway 8 at its intersection with Chisago County State-Aid Highway 21 in the city of Shafer, Minnesota. The appropriation will cover expenses related to environmental analysis, predesign, design, engineering, and construction of the roundabout. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $3.5 million, following the procedures outlined in Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution. The bond proceeds, excluding accrued interest and any premium, will be deposited into the trunk highway fund's bond proceeds account. The bill becomes effective the day after it is enacted, providing a specific funding mechanism for this transportation infrastructure improvement project in Shafer.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0370&ssn=0&y=2025