SF1846

Purpose

Provide a capital investment appropriation to fund improvements to Hornsby Street Northeast in Columbus. The bill authorizes the sale of state bonds to finance the project and design and construction activities.

Main provisions

• Appropriation: $762,000 is appropriated from the bond proceeds account in the state transportation fund to the commissioner of transportation to grant to the city of Columbus for improvements to Hornsby Street Northeast (from marked Trunk Highway 97 to Eureka Avenue). The project includes predesign, design, construction, replacement or repair, and installation of stormwater improvements, street reconstruction, improvements to roads adjacent to the project, and other related street work upgrades.
• Bond sale: The commissioner of management and budget must sell and issue bonds of the state up to $762,000 to fund the appropriation, under the terms of Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution.

Funding and bonds

• Source: Bond proceeds account within the state transportation fund.
• Administration: The commissioner of transportation administers the grant to Columbus; the commissioner of management and budget handles the bond sale.

Project location and scope

• Location: Hornsby Street Northeast in the city of Columbus, from Trunk Highway 97 to Eureka Avenue.
• Scope: Includes stormwater improvements, roadway reconstruction, and related improvements to adjacent roads or other street-work upgrades.

Relationship to existing law and changes

• This bill provides a new appropriation and bonding authority to fund the project.
• It uses existing bonding and appropriation frameworks (bond proceeds account, state transportation fund, statutes on bond issuance, and constitutional provisions) without creating new long-term policy changes.

Implementation and oversight

• Roles:
  • Commissioner of Transportation: administers the grant to the city.
  • Commissioner of Management and Budget: sells and issues the state bonds.
• Legal framework: Bond issuance follows the cited Minnesota Statutes and Constitution sections.

Relevant Terms

• capital investment
• appropriation
• bond proceeds account
• state transportation fund
• grant
• city of Columbus
• Hornsby Street Northeast
• Trunk Highway 97
• Eureka Avenue
• stormwater improvements
• predesign
• design
• construction
• replacement or repair
• street reconstruction
• adjacent roads
• bond sale / bonding
• Minnesota Statutes 16A.631 to 16A.675
• Minnesota Constitution article XI
• commissioner of transportation
• commissioner of management and budget