The bill appropriates $21,000,000 from the bond proceeds fund to the commissioner of transportation for improvements along County State-Aid Highway 1 (Mayhew Lake Road) in Benton County, specifically between 14th Avenue and 35th Street in Sauk Rapids. This funding is designated for the design, engineering, construction, and reconstruction of various capital improvements, including the construction of six roundabouts. Notably, this appropriation does not require any nonstate contribution.
To finance the appropriated funds, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $21,000,000, following the guidelines set forth in Minnesota Statutes and the Minnesota Constitution. The provisions of this bill will take effect the day after it is enacted.