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Bill > SF653


MN SF653

Cambridge Trunk Highway 95 infrastructure improvements and railroad relocation projects 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 infrastructure improvements and railroad relocation projects along marked Trunk Highway 95 in the city of Cambridge; authorizing the sale and issue of state bonds.

AI Summary

This bill appropriates $4,030,000 in state bond funding for infrastructure improvements in Cambridge, Minnesota, specifically targeting Trunk Highway 95. The funding is divided into two main components: $2,750,000 for city infrastructure improvements along the highway, which include traffic signals, street lighting, storm sewers, retention ponds, sanitary sewers, and water mains; and $1,280,000 for relocating and improving the Burlington Northern Santa Fe railroad track at its intersection with Trunk Highway 95. The commissioner of management and budget is authorized to sell and issue state bonds to provide these funds, following standard state bonding procedures outlined in Minnesota Statutes. The bill grants these funds as grants to the city of Cambridge, with the money coming from the bond proceeds account in the state transportation fund. The act will become effective the day after its final enactment, providing the city with resources to enhance its transportation infrastructure and improve the safety and functionality of the Trunk Highway 95 corridor.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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