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Bill > SF723


MN SF723

Byron U.S. Highway 14 intersection improvements bond issue and appropriation


summary

Introduced
01/27/2025
In Committee
01/27/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for intersection improvements along marked U.S. Highway 14 in the city of Byron; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $5,600,000 in state general obligation bond proceeds to fund intersection improvements along U.S. Highway 14 in the city of Byron, Olmsted County, Minnesota. Specifically, the funds will be used to conduct environmental analysis, predesign, and final design for replacing at-grade intersections and traffic signals with grade-separated interchanges, focusing on intersections with Olmsted County State-Aid Highways 3 and 5. If money remains after the initial design and engineering work, the remaining funds may be used to acquire right-of-way and to construct, furnish, and equip these new interchanges and associated road infrastructure. The commissioner of management and budget is authorized to sell and issue state bonds up to $5,600,000 to provide the funding, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The primary goal of this bill is to improve transportation safety and efficiency by eliminating at-grade intersections and replacing them with more modern, separated interchanges.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Referred to Capital Investment (on 01/27/2025)

bill text


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