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Bill > HF850


MN HF850

MN HF850
Benton County; County State-Aid Highway 1 section capital improvements funding provided, bonds issued, and money appropriated.


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for capital improvements along a section of County State-Aid Highway 1 in Benton County; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for capital improvements to County State-Aid Highway 1 (Mayhew Lake Road) in Benton County, Minnesota. Specifically, the bill appropriates $21,000,000 from state bond proceeds to the commissioner of transportation for a grant to Benton County to design, engineer, construct, and reconstruct improvements along a section of the highway between 14th Avenue and 35th Street in the city of Sauk Rapids. The improvements include the construction and reconstruction of six roundabouts and the highway itself. Notably, this appropriation does not require a local matching contribution. To fund this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $21,000,000, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, allowing for prompt implementation of the highway improvements.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Hearing (10:15:00 4/10/2025 ) (on 04/10/2025)

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