SF 4673

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/24/2026 10:35 a.m.

A bill for an act
relating to capital investment; appropriating money for capital improvements to a
section of Old Shakopee Road in the city of Bloomington; authorizing the sale
and issuance of state bonds.

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

Section 1. new text begin BLOOMINGTON; OLD SHAKOPEE ROAD.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $4,480,000 is appropriated from the bond proceeds fund
to the commissioner of transportation for one or more grants to the city of Bloomington,
Hennepin County, or both, to acquire property and easements, design, and construct
improvements of a capital nature on Hennepin County State-Aid Highway 1, known as Old
Shakopee Road, from Aldrich Avenue to 2nd Avenue to address safety, accessibility, and
stormwater management issues. This appropriation includes money for replacement and
rehabilitation of curbs and sidewalks; bike lane, pedestrian, and other nonmotorized
transportation infrastructure; improvements compliant with the Americans with Disabilities
Act; traffic calming improvements; utility upgrades; and stormwater management
infrastructure.
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 fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $4,480,000 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

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end