HF5089

Purpose

Provide funding for replacing the Chokio Bridge in the city of Chokio. The bill would appropriate money from the bond proceeds fund to Stevens County (via the state transportation department) to design, construct, and equip a replacement bridge on Stevens County StateAid Highway 13.

Main Provisions

• Appropriation: 290,000 is appropriated from the bond proceeds fund to the commissioner of transportation to provide a grant to Stevens County for designing, constructing, and equipping the replacement of the Chokio Bridge on Stevens County StateAid Highway 13 in the city of Chokio.
• Bond sale: To provide the money, the commissioner of management and budget shall sell and issue state bonds up to 290,000, in accordance with Minnesota statutes (16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Signficant Changes to Existing Law

• Adds a new appropriation of 290,000 from the bond proceeds fund specifically for the Chokio Bridge replacement.
• Authorizes the sale and issuance of state bonds up to 290,000 to fund this appropriation, following existing bonding statutes and constitutional requirements.

What the bill seeks to accomplish

• Establish a dedicated funding stream and process to replace the Chokio Bridge, including design, construction, and equipment, by providing a grant to Stevens County and issuing state bonds to cover the cost.

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Relevant Terms - 290,000 - bond proceeds fund - appropriation - Stevens County - Chokio Bridge - Stevens County StateAid Highway 13 - city of Chokio - grant - design - construct - equip - replacement - bond sale - sale and issuance of state bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7