HF1921

This bill, H.F. No. 1921, introduced in the Minnesota House of Representatives by Robbins, proposes an appropriation of $55,000,000 for a transportation project on Trunk Highway 55 in Hennepin County. The funds will be used for right-of-way acquisition, engineering, and reconstruction of the highway into a four-lane divided highway between Arrowhead Drive in Medina and County State-Aid Highway 19 near Loretto.

To finance the project, the bill authorizes the sale and issuance of state bonds totaling up to $55,000,000. These bonds will be issued by the commissioner of management and budget as per Minnesota statutes and the state constitution. The bond proceeds, excluding accrued interest and premiums, will be deposited into the bond proceeds account in the trunk highway fund for project use.