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Bill > SF780


MN SF780

Freeport Interstate Highway 94 new interchange bond issue and appropriation


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for a new interchange on Interstate Highway 94 in the city of Freeport; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $6,000,000 in state bond funding for the reconstruction of an interchange at Interstate Highway 94 and 1st Avenue in the city of Freeport, Minnesota. The appropriation covers expenses related to preliminary and final design, engineering, permitting, demolishing an existing bridge, constructing a new interchange, and supporting infrastructure such as pedestrian safety features, public utilities, and stormwater management. The commissioner of management and budget is authorized to sell and issue state bonds to fund this project, following standard state bonding procedures outlined in Minnesota statutes. The bill specifically exempts this appropriation from certain standard bonding requirement procedures. The funding and project will become effective immediately after the bill is enacted, with the ultimate goal of improving transportation infrastructure and safety at this specific highway intersection.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/30/2025)

bill text


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