SF774 (Legislative Session 94 (2025-2026))

Benton County State-Aid Highway 1 capital improvements bond issue and appropriation

Related bill: HF850

AI Generated Summary

Senate File No. 774 is a legislative bill in Minnesota that proposes to allocate $21,000,000 for improvements on County State-Aid Highway 1 in Benton County. This enhancement includes designing, engineering, constructing, and reconstructing the highway, specifically between 14th Avenue and 35th Street in Sauk Rapids. The planned improvements notably include the construction and reconstruction of six roundabouts.

The money for this project will come from the state's bond proceeds fund. To provide the necessary funding, the state will issue bonds amounting up to $21,000,000. The process and terms of the bond sale are governed by existing Minnesota statutes and constitutional provisions.

No financial contribution from non-state sources is required for this appropriation. This project aims to upgrade a key roadway in the region to improve traffic flow and safety.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 29, 2025SenateFloorActionIntroduction and first reading
January 29, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "New provisions for bond sale terms and conditions."
      ],
      "removed": [
        "None, as it references existing procedures."
      ],
      "summary": "This bill authorizes the sale and issuance of state bonds according to section 16A.631.",
      "modified": [
        "Clarified bond sale procedures specific to this appropriation."
      ]
    },
    "citation": "16A.631"
  },
  {
    "analysis": {
      "added": [
        "Further details on the bond sale effects for this specific project."
      ],
      "removed": [
        "None, uses existing legal structure."
      ],
      "summary": "This bill refers to section 16A.675 for the effect of bond sales.",
      "modified": [
        "Adjustments to align with the current project needs."
      ]
    },
    "citation": "16A.675"
  }
]