Bill > SF341

This bill appropriates $4.7 million in state bond proceeds to the city of Waconia for local road improvements related to the reconstruction of Trunk Highway 5, a major roadway. Specifically, the funding will support design, engineering, construction, and reconstruction of local infrastructure along the highway segment between the intersections with Trunk Highway 284/South Olive Street and Carver County State-Aid Highway 59 (Main Street). The local road improvements can include frontage roads, backage roads, connecting local streets, trails, and utility infrastructure that are eligible for general obligation bond funding. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds up to $4.7 million to finance these improvements, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill becomes effective immediately after final enactment, providing the city of Waconia with funding to enhance local transportation infrastructure in coordination with the trunk highway reconstruction project.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0341&ssn=0&y=2025