| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to capital investment; appropriating money for capital improvements along |
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| 3 | 3 | | 1.3 a section of County State-Aid Highway 1 in Benton County; authorizing the sale |
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| 4 | 4 | | 1.4 and issuance of state bonds. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. BENTON COUNTY; COUNTY STATE-AID HIGHWAY 1 |
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| 7 | 7 | | 1.7IMPROVEMENTS. |
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| 8 | 8 | | 1.8 Subdivision 1.Appropriation.$21,000,000 is appropriated from the bond proceeds |
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| 9 | 9 | | 1.9fund to the commissioner of transportation for a grant to Benton County to design, engineer, |
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| 10 | 10 | | 1.10construct, and reconstruct improvements and betterments of a capital nature along County |
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| 11 | 11 | | 1.11State-Aid Highway 1 (Mayhew Lake Road) between 14th Avenue and 35th Street in the |
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| 12 | 12 | | 1.12city of Sauk Rapids. This appropriation includes money for construction and reconstruction |
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| 13 | 13 | | 1.13of six roundabouts and construction and reconstruction of County State-Aid Highway 1. |
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| 14 | 14 | | 1.14This appropriation does not require a nonstate contribution. |
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| 15 | 15 | | 1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond |
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| 16 | 16 | | 1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of |
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| 17 | 17 | | 1.17the state in an amount up to $21,000,000 in the manner, upon the terms, and with the effect |
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| 18 | 18 | | 1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota |
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| 19 | 19 | | 1.19Constitution, article XI, sections 4 to 7. |
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| 20 | 20 | | 1.20 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 21 | 21 | | 1Section 1. |
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| 22 | 22 | | REVISOR JSK/AC 25-0217401/13/25 |
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| 23 | 23 | | State of Minnesota |
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| 24 | 24 | | This Document can be made available |
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| 25 | 25 | | in alternative formats upon request |
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| 26 | 26 | | HOUSE OF REPRESENTATIVES |
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| 27 | 27 | | H. F. No. 850 |
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| 28 | 28 | | NINETY-FOURTH SESSION |
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| 29 | 29 | | Authored by O'Driscoll, Schultz and Wolgamott02/17/2025 |
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| 30 | 30 | | The bill was read for the first time and referred to the Committee on Capital Investment |
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