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 for grants to the city and Olmsted County to conduct environmental analysis, predesign, and final design for replacing at-grade intersections and traffic signals with grade-separated interchanges. Additionally, it sets aside $2,400,000 from the trunk highway fund for similar purposes. Any remaining funds after the completion of the initial phases 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 $5,600,000 from the bond proceeds account in the state transportation fund and up to $2,400,000 from the trunk highway fund. The bonds will be issued in accordance with Minnesota Statutes and the Minnesota Constitution, ensuring that the funds are available for the planned improvements to enhance traffic flow and safety along this critical highway.