SF5216

Purpose

• The bill provides money to help replace the Chokio Bridge in Stevens County. Specifically, it moves 290,000 from the bond proceeds fund to support a grant to Stevens County for design, construction, and equipment of the bridge replacement on Stevens County StateAid Highway 13 in the city of Chokio.

Main Provisions

• Subdivision 1 – Appropriation:
  • 290,000 is appropriated from the bond proceeds fund.
  • The funds go to the commissioner of transportation to grant Stevens County for designing, constructing, and equipping the replacement of the Chokio Bridge on Stevens County StateAid Highway 13 in Chokio.
• Subdivision 2 – Bond sale:
  • To provide the money, the commissioner of management and budget shall sell and issue up to 290,000 in state bonds.
  • Bond issuance must follow Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

What the Bill Seeks to Accomplish

• Provides targeted funding and a financing plan to replace the Chokio Bridge, facilitating planning, construction, and related equipment through state bond financing and a local government grant.

Significant Changes to Existing Law

• Establishes a new appropriation specifically for the Chokio Bridge project within the bond proceeds framework.
• Authorizes the sale of state bonds up to 290,000 to fund this appropriation, aligning with existing bond sale statutes and constitutional provisions.

Key Entities Involved

• Stevens County
• City of Chokio
• Chokio Bridge on Stevens County StateAid Highway 13
• Minnesota Department of Transportation (for the grant administration)
• Minnesota Commissioner of Management and Budget (for bond sale)

Process and Compliance

• Funding is contingent on bond issuance up to 290,000 under established state law.
• Compliance with Minnesota Statutes 16A.631 to 16A.675 and Minnesota Constitution Article XI (sections 4-7) governs the bond sale and use of the funds.

Rationale and Impact

• Aims to advance critical transportation infrastructure by enabling a bridge replacement project; this is framed as a capital investment funded through the bond proceeds and administered as a grant to a local government entity.

Related Terms

• Appropriation, bond proceeds fund, grant, design, construct, equip, Chokio Bridge, Stevens County, StateAid Highway 13, bond sale, 290,000, Minnesota Statutes 16A.631-16A.675, Minnesota Constitution Article XI

Relevant Terms

• 290,000
• bond proceeds fund
• appropriation
• Stevens County
• Chokio Bridge
• StateAid Highway 13
• grant
• design
• construct
• equip
• bond sale
• Minnesota Statutes 16A.631 to 16A.675
• Minnesota Constitution Article XI (sections 4 to 7)