1.1 A bill for an act
1.2 relating to transportation; appropriating money for a bridge interchange project
1.3 on marked Interstate Highway 35 in the city of Lakeville; authorizing the sale and
1.4 issuance of state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. MARKED INTERSTATE HIGHWAY 35 BRIDGES AND
1.7INTERCHANGES AT DAKOTA COUNTY STATE-AID HIGHWAY 50.
1.8 Subdivision 1.Appropriation.$40,800,000 is appropriated from the bond proceeds
1.9account in the trunk highway fund to the commissioner of transportation for environmental
1.10analysis, predesign, design, engineering, acquisition of right-of-way and temporary and
1.11permanent easements, and construction of bridges and interchanges on marked Interstate
1.12Highway 35 at Dakota County State-Aid Highway 50 (CSAH 50) in the city of Lakeville,
1.13including associated entrance and exit ramps, and two bridges over CSAH 50. This
1.14appropriation is for the portion of the project that is eligible for use of proceeds of trunk
1.15highway bonds within the Department of Transportation right-of-way.
1.16 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.17proceeds account in the trunk highway fund, the commissioner of management and budget
1.18shall sell and issue bonds of the state in an amount up to $40,800,000 in the manner, upon
1.19the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52,
1.20and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts
1.21requested by the commissioner of transportation. The proceeds of the bonds, except accrued
1.22interest and any premium received from the sale of the bonds, must be deposited in the bond
1.23proceeds account in the trunk highway fund.
1Section 1.
25-01922 as introduced01/22/25 REVISOR JSK/BM
SENATE
STATE OF MINNESOTA
S.F. No. 1264NINETY-FOURTH SESSION
(SENATE AUTHORS: DUCKWORTH, Jasinski, Pratt, Lieske and Port)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/13/2025
Referred to Transportation 2.1 EFFECTIVE DATE.This section is effective the day following final enactment.
2Section 1.
25-01922 as introduced01/22/25 REVISOR JSK/BM