Bill > HF934

This bill appropriates $4,700,000 from state bond proceeds to the Minnesota Department of Transportation for a grant to the city of Waconia to support local road improvements related to the reconstruction of Trunk Highway 5 (a state highway). The project will specifically address the highway segment between the intersections with Trunk Highway 284/South Olive Street and Carver County State-Aid Highway 59 (Main Street). The "local road improvements" can include a variety of related infrastructure such as frontage roads, backage roads, connecting local streets, trails, and utility infrastructure that are eligible for general obligation bond funding. The commissioner of management and budget is authorized to sell and issue state bonds up to $4,700,000 to fund these improvements, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. The bill becomes effective immediately after its final enactment, providing immediate funding for the Waconia road reconstruction project.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0934&ssn=0&y=2025