Purpose

To fund interchange improvements at the intersection of marked Trunk Highway 65 and Anoka County State Aid Highway 116 (Bunker Lake Boulevard Northeast) in the City of Ham Lake, Minnesota. The bill intends to use state bonds to finance the project.

Main Provisions

• Appropriation: $16,500,000 is allocated from the bond proceeds account in the trunk highway fund to the commissioner of transportation for the project. The funds cover preliminary engineering, environmental documentation, final design, right-of-way acquisition, and construction of the intersection improvements and related frontage roads and backage roads within the trunk highway system.
• Nonstate contribution: This appropriation does not require a nonstate (local or other nonstate) contribution.

Bond Financing and Allocation

• Bond sale: The commissioner of management and budget shall sell and issue state bonds up to $16,500,000 to finance the appropriation, using the procedures and rules set forth in Minnesota law and the state constitution.
• Use of bond proceeds: The bond proceeds, excluding accrued interest and any premium, must be deposited into the bond proceeds account in the trunk highway fund.

Significant Changes to Existing Law

• The bill authorizes a new targeted bond issuance and a dedicated appropriation for the TH 65 and Bunker Lake Boulevard Northeast interchange project, specifying the exact funding amount and the project scope.
• It directs funding flows (from bond proceeds to designated categories) and clarifies that no nonstate contribution is required for this project.

Administrative and Legal References

• Project location: Anoka County and the City of Ham Lake.
• Project scope includes intersection improvements and associated roadway work within the trunk highway system.
• Legal framework for bonds: Minnesota Statutes sections 167.50 to 167.52 and Minnesota Constitution Article XIV, Section 11.

Relevant Terms - Anoka County - City of Ham Lake - marked Trunk Highway 65 - Anoka County State Aid Highway 116 - Bunker Lake Boulevard Northeast - interchange improvements - frontage roads - backage roads - preliminary engineering - environmental documentation - final design - right-of-way acquisition - construction - bond proceeds account - trunk highway fund - bonds / bond sale - nonstate contribution - Minnesota Statutes 167.50–167.52 - Minnesota Constitution Article XIV, Section 11 - Commissioner of Transportation - Commissioner of Management and Budget