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MN HF431

MN HF431
Eveleth; Progress Parkway project funding provided, bonds issued, and money appropriated.


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 capital investment; appropriating money for the Progress Parkway project in the city of Eveleth; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $8,000,000 in state bond funding for the Progress Parkway project in Eveleth, Minnesota. The funds will be used for various project stages including predesign, design, engineering, environmental analysis, land acquisition, construction, and road reconstruction. Specifically, the project involves improving and extending the roadway from U.S. Highway 53 and St. Louis County State-Aid Highway 142 to Trunk Highway 37 and Station 44 Road. The appropriation is in addition to a previous funding allocation from a 2023 law. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds to finance the project, following standard state bonding procedures outlined in Minnesota Statutes. The bill becomes effective immediately after its final enactment, allowing the transportation and county officials to proceed with the parkway improvements.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (09:00:00 4/30/2025 ) (on 04/30/2025)

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