Purpose

The bill aims to fund improvements to the Washington Avenue intersection in Stillwater by providing money from state bonds. It authorizes the sale of state bonds to cover these costs and directs funds to a local project.

Main Provisions

• Subdivision 1 – Appropriation: Allocates 1,331,000 from the bond proceeds fund to the commissioner of transportation. The money is to be granted to the city of Stillwater to design, engineer, and construct a new intersection at Washington Avenue and North Frontage Road, along with related roadway and safety upgrades.
• Subdivision 2 – Bond Sale: Requires the commissioner of management and budget to sell and issue bonds of the state up to 1,331,000 to fund the appropriation, using the standard methods and rules in Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Significant Changes to Existing Law

• No change to existing statutes or constitutional provisions is proposed. The bill merely appropriates funds and authorizes the issuance of bonds under existing bond-issuing statutes and constitutional authority to support the Stillwater project.

Financial Implications

• Total funding: 1,331,000.
• Source: bond proceeds fund.
• Uses: design, engineering, and construction of the Washington Avenue/North Frontage Road intersection and related safety improvements in Stillwater.

Context and Key Parties

• State agencies involved: Department of Transportation (grant recipient) and Department of Management and Budget (bond issuer).
• Local entity: City of Stillwater (recipient of the grant for project development and construction).

Relevant Terms - bond proceeds fund - appropriation - grant - design, engineer, construct - Washington Avenue intersection - North Frontage Road - safety upgrades - Stillwater - commissioner of transportation - commissioner of management and budget - bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7