HF524

This legislative bill in Minnesota proposes the allocation of funds for developing an interchange at U.S. Highway 10 and Sherburne County State-Aid Highway 11 in Becker Township. The bill outlines two main appropriations of $2,500,000 each for various aspects of the project including property acquisition, environmental documentation, and engineering. These funds are to come from bond proceeds: one from the general bond proceeds fund and another from the trunk highway fund. To finance these appropriations, the state will issue bonds, which must adhere to specific statutory and constitutional requirements. The bill has been referred to the Committee on Capital Investment for further discussion and approval.