SF 165

Introduction - 94th Legislature (2025 - 2026)

Posted on 01/29/2025 03:37 p.m.

A bill for an act
relating to capital investment; appropriating money for improvements to the
intersection at Carver County State-Aid Highway 51 and U.S. Highway 212;
authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin CARVER COUNTY; COUNTY STATE-AID HIGHWAY 51 AND U.S.
HIGHWAY 212 INTERSECTION SAFETY IMPROVEMENTS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $6,000,000 is appropriated from the bond proceeds
account in the state transportation fund to the commissioner of transportation for a grant to
Carver County for the design, engineering, and construction of improvements to the
intersection of Carver County State-Aid Highway 51 and U.S. Highway 212. This project
includes County State-Aid Highway 51 roadway construction, a bridge over U.S. Highway
212, side street construction, drainage, and water quality improvements. This appropriation
is available when the commissioner of management and budget determines that an amount
sufficient has been committed to complete the project, as required by Minnesota Statutes,
section 16A.502.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds account in the state transportation fund, the commissioner of management and
budget shall sell and issue bonds of the state in an amount up to $6,000,000 in the manner,
upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to
16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7.
new text end