Purpose of the Bill

The purpose of the bill is to allocate funds for the development of a transportation infrastructure project in Douglas County, Minnesota. This involves the planning and design of an interchange to improve traffic flow and safety at Interstate Highway 94 and Douglas County State-Aid Highway 17.

Main Provisions

• Funding Allocation: The bill appropriates $1,500,000 from the state's bond proceeds account within the state transportation fund. This money will be used to cover the costs of preliminary engineering and the final design of the interchange project.

• Bond Sale Authorization: To raise the necessary funds, the bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $1,500,000. These bonds are to be issued under Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution.

Significant Changes to Existing Law

• Use of State Bonds: The bill enables the issuance of new state bonds specifically for this transportation project, enhancing state financial involvement in local infrastructure development.

Relevant Terms

• Bond proceeds
• State transportation fund
• Interstate Highway 94
• Douglas County State-Aid Highway 17
• Preliminary engineering
• Interchange design
• State bonds
• Infrastructure development