This bill appropriates a total of $44,500,000 for the reconstruction of the interchange at marked Trunk Highway 13 and Nicollet Avenue in Burnsville, Minnesota. It includes two specific appropriations: $22,250,000 from the bond proceeds fund for general obligation bonds and another $22,250,000 from the trunk highway fund for trunk highway bonds. The funds will be used for predesign, right-of-way acquisition, design, engineering, and construction of grade separation and other improvements aimed at enhancing capacity and safety at the interchange.
Additionally, the bill authorizes the commissioner of management and budget to sell and issue state bonds to raise the necessary funds for both appropriations. The bond sales will be conducted in accordance with existing Minnesota statutes and constitutional provisions, ensuring that the proceeds are properly allocated to the respective bond proceeds accounts. This legislative action aims to facilitate critical infrastructure improvements in the area, thereby enhancing transportation safety and efficiency.