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Bill > SF1264


MN SF1264

MN SF1264
Lakeville Interstate Highway 35 bridge interchange project bond issue and appropriation


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; appropriating money for a bridge interchange project on marked Interstate Highway 35 in the city of Lakeville; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for a major infrastructure project involving Interstate Highway 35 bridges and interchanges in Lakeville, Minnesota. Specifically, the bill appropriates $40,800,000 from the state's trunk highway fund bond proceeds to support the construction of bridges and interchanges at Dakota County State-Aid Highway 50 (CSAH 50). The funding will cover various project stages including environmental analysis, predesign, design, engineering, right-of-way acquisition, and construction of associated entrance and exit ramps, as well as two bridges over CSAH 50. The commissioner of management and budget is authorized to sell and issue state bonds up to the $40,800,000 amount to finance the project, following established state bonding procedures outlined in Minnesota Statutes. The bill specifies that the bond proceeds will be deposited into the trunk highway fund's bond proceeds account, with the section becoming effective immediately after final enactment. The project is located in the city of Lakeville and focuses on improving transportation infrastructure at this specific highway intersection.

Committee Categories

Transportation and Infrastructure

Sponsors (5)

Last Action

Hearing (15:00:00 2/24/2025 ) (on 02/24/2025)

bill text


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