This bill, H.F. No. 1349, introduced in the Minnesota House of Representatives, pertains to capital investment for the reconstruction of the interchange at Interstate 35 and County State-Aid Highway (CSAH) 50 in Dakota County. It appropriates $10,800,000 from bond proceeds to the commissioner of transportation to provide grants to Dakota County and/or the city of Lakeville for the project. The funding will cover preliminary and final design, right-of-way acquisition, temporary and permanent easements, construction, reconstruction, pedestrian and bicycle facilities, public utility relocation, and stormwater management.

Additionally, the bill authorizes the sale and issuance of state bonds to fund the project. The Minnesota Commissioner of Management and Budget is directed to sell and issue bonds up to $10,800,000 pursuant to Minnesota Statutes, sections 16A.631 to 16A.675, and Article XI, Sections 4 to 7 of the Minnesota Constitution.