Bill > HF524

This bill provides funding and authorizes bond sales for the construction of an interchange at U.S. Highway 10 and Sherburne County State-Aid Highway 11 in Becker Township. Specifically, the bill appropriates $2,500,000 from bond proceeds for the local road portions of the interchange and an additional $2,500,000 from the trunk highway fund for the trunk highway portions of the project. The funding will be used for property acquisition, environmental documentation, and engineering work. The commissioner of management and budget is authorized to sell and issue state bonds to finance these appropriations, following specific state statutes and constitutional guidelines. The bonds will be sold in amounts up to $2,500,000 for each portion of the project, with the proceeds to be deposited in the appropriate fund. The bill requires that sufficient project funding be committed before the appropriations become available, and it becomes effective immediately after final enactment.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0524&ssn=0&y=2025