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 bond proceeds account in the state transportation fund and $2,400,000 from the trunk highway fund. The funds are designated for conducting environmental analysis, predesign, and final design of projects aimed at replacing at-grade intersections and traffic signals with grade-separated interchanges, particularly at intersections with Olmsted County State-Aid Highway 3 and Highway 5. Any remaining funds after the completion of these preliminary works may be used for acquiring right-of-way and constructing the necessary infrastructure.

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 sales will be conducted in accordance with Minnesota Statutes and the Minnesota Constitution. The proceeds from these bond sales will be deposited into the respective bond proceeds accounts in the state transportation fund and the trunk highway fund, ensuring that the funds are available for the intended improvements along U.S. Highway 14.