Bill > HF1694

This bill appropriates $4,500,000 from state bond proceeds to the Minnesota Department of Transportation for planning, design, environmental review, engineering, and right-of-way acquisition related to reconstructing the interchange where Interstate Highway 35 and Scott County State-Aid Highway 2 meet. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $4,500,000 to fund this project, following standard state bonding procedures outlined in Minnesota Statutes sections 167.50 to 167.52 and the state constitution. The bond proceeds will be deposited into the trunk highway fund's bond proceeds account, with the exception of any accrued interest or premium from the bond sales. The legislation becomes effective immediately after being enacted, enabling the transportation project to move forward quickly by providing the necessary funding and legal authorization for the interchange reconstruction.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1694&ssn=0&y=2025