| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to transportation; appropriating money for U.S. Highway 10 freeway |
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| 3 | 3 | | 1.3 conversion in Sherburne County; authorizing the sale and issuance of state bonds. |
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| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 5 | 5 | | 1.5 Section 1. SHERBURNE COUNTY; U.S. HIGHWAY 10 FREEWAY CONVERSION. |
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| 6 | 6 | | 1.6 Subdivision 1.Appropriation.$35,000,000 is appropriated from the bond proceeds |
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| 7 | 7 | | 1.7account in the trunk highway fund to the commissioner of transportation for design, |
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| 8 | 8 | | 1.8engineering, environmental analysis, land acquisition, and construction to convert marked |
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| 9 | 9 | | 1.9U.S. Highway 10 to a freeway, as defined in Minnesota Statutes, section 160.02, subdivision |
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| 10 | 10 | | 1.1019, from Sherburne County State-Aid Highway 8, known as 15th Avenue SE, in St. Cloud |
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| 11 | 11 | | 1.11to marked Trunk Highway 24, known as Main Avenue, and County State-Aid Highway 6, |
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| 12 | 12 | | 1.12known as Center Street, in Clear Lake. This appropriation is for Phase 1 of the project, |
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| 13 | 13 | | 1.13consisting of (1) an interchange at marked U.S. Highway 10 and Sherburne County State-Aid |
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| 14 | 14 | | 1.14Highway 8, known as 15th Avenue SE, in St. Cloud, and (2) other marked U.S. Highway |
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| 15 | 15 | | 1.1510 improvements in the vicinity of the interchange. Any unexpended portion of this |
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| 16 | 16 | | 1.16appropriation is available for trunk highway improvements in Phase 2 of the project. |
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| 17 | 17 | | 1.17 Subd. 2.Bond sale.To provide the money appropriated in subdivision 1 from the bond |
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| 18 | 18 | | 1.18proceeds account in the trunk highway fund, the commissioner of management and budget |
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| 19 | 19 | | 1.19shall sell and issue bonds of the state in an amount up to $35,000,000 in the manner, upon |
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| 20 | 20 | | 1.20the terms, and with the effect prescribed by Minnesota Statutes, sections 167.50 to 167.52, |
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| 21 | 21 | | 1.21and by the Minnesota Constitution, article XIV, section 11, at the times and in the amounts |
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| 22 | 22 | | 1.22requested by the commissioner of transportation. The proceeds of the bonds, except accrued |
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| 23 | 23 | | 1Section 1. |
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| 24 | 24 | | 25-04213 as introduced02/21/25 REVISOR KRB/DG |
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| 25 | 25 | | SENATE |
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| 26 | 26 | | STATE OF MINNESOTA |
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| 27 | 27 | | S.F. No. 2058NINETY-FOURTH SESSION |
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| 28 | 28 | | (SENATE AUTHORS: PUTNAM) |
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| 29 | 29 | | OFFICIAL STATUSD-PGDATE |
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| 30 | 30 | | Introduction and first reading03/03/2025 |
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| 31 | 31 | | Referred to Transportation 2.1interest and any premium received from the sale of the bonds, must be deposited in the bond |
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| 32 | 32 | | 2.2proceeds account in the trunk highway fund. |
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| 33 | 33 | | 2.3 EFFECTIVE DATE.This section is effective the day following final enactment. |
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| 34 | 34 | | 2Section 1. |
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| 35 | 35 | | 25-04213 as introduced02/21/25 REVISOR KRB/DG |
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