The bill appropriates $16,500,000 from the bond proceeds account in the trunk highway fund to the commissioner of transportation for various improvements at the intersection of marked Trunk Highway 65 and Bunker Lake Boulevard Northeast in Ham Lake, Anoka County. This funding will cover preliminary engineering, environmental documentation, final design, right-of-way acquisition, and construction of the necessary intersection improvements, as well as associated frontage and backage roads. Notably, this appropriation does not require any nonstate contribution.

To finance this appropriation, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $16,500,000. The bonds will be sold in accordance with Minnesota Statutes and the Minnesota Constitution, with the proceeds being deposited into the bond proceeds account in the trunk highway fund. The bill specifies that it will take effect the day following its final enactment.