Bill > SF496

This bill appropriates $2,000,000 in state bond proceeds to the Minnesota commissioner of transportation, specifically for local road improvements in the city of Lake Park. The funds are intended to support the design, engineering, construction, reconstruction, and rehabilitation of local roads within the city's boundaries. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to the $2,000,000 amount, following the standard procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution's provisions about state bonding. The bill's effective date is the day after it is formally enacted, which means the road improvement project can proceed quickly after the bill becomes law. This type of legislative action is common for providing targeted infrastructure funding to specific municipalities through state-issued bonds.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0496&ssn=0&y=2025