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SF2779 (Legislative Session 94 (2025-2026))

City of Burnsville marked Trunk Highway 13 and Nicollet Avenue interchange reconstruction project bond issuance and appropriation

Related bill: HF2592

AI Generated Summary

Purpose of the Bill

The purpose of this Minnesota legislative bill is to fund and authorize the reconstruction of the interchange at Trunk Highway 13 and Nicollet Avenue in Burnsville through the issuance of state bonds.

Main Provisions

  • Funding Appropriation: The bill authorizes a total of $44.5 million in bond funding, split equally between general obligation bonds and trunk highway bonds. Each bond type contributes $22.25 million for the project.
  • Use of Funds: The allocated funds are designated for predesign, right-of-way acquisition, design, engineering, and construction activities to improve grade separation and enhance capacity and safety at the interchange.
  • Bond Issuance: The Commissioner of Management and Budget is tasked with selling and issuing the bonds to provide the necessary funds. The sales will comply with Minnesota statutory sections and constitutional articles relevant to state bond issuance.

Significant Changes

  • This bill facilitates the issuance of new state bonds specifically for a transportation infrastructure project aimed at improving road safety and traffic management in Burnsville. It essentially provides a financial mechanism for undertaking significant improvements at a busy interchange.

Relevant Terms

reconstruction, interchange, Trunk Highway 13, Nicollet Avenue, Burnsville, general obligation bonds, trunk highway bonds, transportation infrastructure, bond issuance, grade separation, safety improvements, right-of-way acquisition.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 19, 2025SenateFloorActionIntroduction and first reading
March 19, 2025SenateFloorActionReferred toTransportation

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section regulates the issuance of state bonds as integrated in the transportation project funding.",
      "modified": []
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Prescribes terms and effects for issuing bonds in accordance with funding requirements.",
      "modified": []
    },
    "citation": "16A.675",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section involves the procedures for selling and issuing trunk highway bonds.",
      "modified": []
    },
    "citation": "167.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Involved in the process for using trunk highway bonds for the transportation project.",
      "modified": []
    },
    "citation": "167.52",
    "subdivision": ""
  }
]

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