HF850

This legislative bill, H.F. No., authored by O'Driscoll, Schultz, and Wolgamott, proposes capital investments for infrastructure improvements in Benton County, Minnesota. Specifically, it focuses on improving a section of County State-Aid Highway 1, known as Mayhew Lake Road, between 14th Avenue and 35th Street in the city of Sauk Rapids. The bill describes the following key points:

1. Appropriation of Funds: The bill allocates $21,000,000 from the bond proceeds fund. These funds are directed to the Commissioner of Transportation to be used for designing, engineering, constructing, and reconstructing enhancements along the specified section of the highway.

2. Scope of Work: The construction plans include the development and rebuilding of six roundabouts as well as other improvements to the highway itself.

3. Funding Mechanism: To facilitate this financial allocation, the Commissioner of Management and Budget is authorized to sell and issue state bonds up to the amount of $21,000,000. This will be done according to the guidelines and stipulations outlined in the Minnesota Statutes (sections 16A.631 to 16A.675) and the Minnesota Constitution (article XI, sections 4 to 7).

4. Nonstate Contribution: The bill explicitly states that these improvements do not require any nonstate financial contributions.

The bill was first read in the House of Representatives and has been referred to the Committee on Capital Investment for further deliberation and action.