This bill, S.F. No. 2058, proposes funding for the conversion of U.S. Highway 10 into a freeway in Sherburne County, Minnesota. The key provisions of the bill include:

1. Appropriation of Funds:

   • $35,000,000 is allocated from the bond proceeds account in the trunk highway fund to the Minnesota Department of Transportation (MnDOT).
   • The funds will be used for design, engineering, environmental analysis, land acquisition, and construction of the freeway conversion.
   • The project focuses on the segment of U.S. Highway 10 from Sherburne County State-Aid Highway 8 (15th Avenue SE in St. Cloud) to Trunk Highway 24 (Main Avenue) and County State-Aid Highway 6 (Center Street) in Clear Lake.

2. Phase 1 Scope:

   • Construction of an interchange at U.S. Highway 10 and Sherburne County State-Aid Highway 8 (15th Avenue SE in St. Cloud).
   • Additional highway improvements near the interchange.

3. Use of Unexpended Funds:

   • Any remainder of the allocated funds will be available for Phase 2 of the project, which includes further trunk highway improvements.

4. Bond Sale Authorization:

   • The Minnesota Commissioner of Management and Budget is authorized to issue and sell state bonds up to $35,000,000 to fund the project.
   • The bond issuance will follow Minnesota Statutes Sections 167.50 to 167.52 and Article XIV, Section 11 of the Minnesota Constitution.
   • The proceeds (except for interest and premiums) will be deposited in the trunk highway fund.

This bill is currently at the introduction and first reading stage in the Minnesota Senate and has been referred to the Transportation Committee for further consideration.