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MN SF5478
Bill
Status
Introduced
4/25/2024
Primary Sponsor
Carla Nelson
Click for details
AI Summary
- Appropriates $2,400,000 from trunk highway bond proceeds to the commissioner of transportation for environmental analysis, predesign, and final design of grade-separated interchanges along marked U.S. Highway 14 in Byron, including intersections with Olmsted County State-Aid Highway 3 and Highway 5.
- Remaining funds after design completion may be applied toward the state's share of right-of-way acquisition, construction, and equipment for the interchanges and associated road infrastructure.
- Authorizes the commissioner of management and budget to sell and issue state bonds up to $2,400,000 to fund the appropriation, following Minnesota Statutes sections 167.50 to 167.52 and the Minnesota Constitution article XIV, section 11.
- Bond proceeds (excluding accrued interest and premiums) must be deposited into the bond proceeds account in the trunk highway fund as requested by the transportation commissioner.
Legislative Description
City of Byron marked U.S. Highway 14 intersection improvements bond issuance and appropriation
Last Action
Referred to Transportation
4/25/2024
Committee Referrals
Transportation4/25/2024
Full Bill Text
No bill text available