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Bill > HF232


MN HF232

MN HF232
Forest Lake; road improvement funding provided, bonds issued, and money appropriated.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for road improvements in the city of Forest Lake; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $4,000,000 appropriation from state bond proceeds to the Minnesota Department of Transportation for a specific infrastructure project in the city of Forest Lake. The funding is designated for land acquisition and construction of the Forest Road North realignment, which includes improvements at the intersection with 11th Avenue. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $4,000,000 to finance the project, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bond sale will follow prescribed legal mechanisms for state debt issuance, and the section becomes effective immediately after final enactment. While the bill's title suggests it might be about career and technical education, the actual text is focused solely on a specific road improvement project in Forest Lake.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (09:00:00 4/30/2025 ) (on 04/30/2025)

bill text


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