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Bill > HF246


MN HF246

MN HF246
Edina; Highway 100 and Vernon Avenue interchange 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 an interchange at the intersection of Highway 100 and Vernon Avenue in the city of Edina; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $5,300,000 appropriation from state bond proceeds to the Minnesota Department of Transportation for the design and construction of an interchange at the intersection of Highway 100 and Vernon Avenue/West 50th Street in Edina. The bill specifies that any surplus land created by the project in the surrounding area must be dedicated for use as a fire station, a municipal campus, or both. The commissioner of management and budget is authorized to sell and issue state bonds to fund the project, following standard state bonding procedures outlined in Minnesota Statutes. The bonds will be issued up to the amount of $5,300,000, with proceeds credited to the state transportation fund's bond proceeds account. The bill includes a provision that it becomes effective immediately after final enactment, allowing the city of Edina to proceed with the infrastructure project. This appears to be a targeted capital investment initiative aimed at improving transportation infrastructure and potentially creating additional municipal facilities in the Edina area.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (10:15:00 4/1/2025 ) (on 04/01/2025)

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