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