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