Bill > SF1226

This bill provides a $4,000,000 state bond appropriation to the city of Forest Lake for a specific road infrastructure project. The funds will be used for land acquisition and construction of the Forest Road North realignment, which includes improvements at the intersection with 11th Avenue. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to the $4,000,000 amount, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bill specifies that the appropriation will come from the bond proceeds fund, and the section becomes effective immediately after its final enactment. This type of legislation is typical for local infrastructure improvements, where the state provides financial support through bond issuance to help municipalities fund significant transportation projects.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1226&ssn=0&y=2025