This bill appropriates a total of $8,000,000 for intersection improvements along marked U.S. Highway 14 in the city of Byron, Minnesota. Specifically, it allocates $5,600,000 from the state transportation fund and $2,400,000 from the trunk highway fund for the environmental analysis, predesign, and final design of projects aimed at replacing at-grade intersections and traffic signals with grade-separated interchanges. The funds will also cover the acquisition of right-of-way and the construction of the necessary infrastructure to support these improvements.

To finance these appropriations, the bill authorizes the sale and issuance of state bonds, with the commissioner of management and budget responsible for selling bonds up to the specified amounts. The bond proceeds will be deposited into the respective bond proceeds accounts in the state transportation fund and the trunk highway fund. The bill outlines the process for bond issuance in accordance with Minnesota statutes and the state constitution, ensuring that the funds are available for the planned improvements to enhance traffic safety and efficiency in the area.