MN HF524

Appropriates $2,500,000 from the bond proceeds fund as a grant to Sherburne County for property acquisition, environmental documentation, and engineering for local road portions of the interchange

Appropriates $2,500,000 from the trunk highway fund bond proceeds account for property acquisition, environmental documentation, and engineering for state trunk highway portions of the interchange

Total funding of $5,000,000 for an interchange project at U.S. Highway 10 and Sherburne County State-Aid Highway 11 in Becker Township

Authorizes the commissioner of management and budget to sell and issue up to $5,000,000 in state bonds (split between general obligation and trunk highway bonds) to fund the appropriations

Local road funding is contingent on the commissioner determining that sufficient funding has been committed to complete the full project