SF3976

Purpose

This bill would fund improvements to a specific road in Stewartville, Minnesota. It aims to provide financing to improve and pave about one mile of 15th Avenue NE, located in High Forest Township and adjacent to Stewartville, and to fix drainage issues at the intersection with 6th Street NE.

Main Provisions

• Appropriation: 3,200,000 is appropriated from the bond proceeds fund to the commissioner of transportation. This money is to be given as a grant to the City of Stewartville for the described road project (15th Avenue NE near Stewartville).
• Uses of the funds: The money may be used to construct and pave the roadway and to address drainage problems at the intersection with 6th Street NE, including replacing culverts and storm sewers.
• Bond sale: To provide the money, the commissioner of management and budget must issue state bonds up to 3,200,000. The bond sale will follow the terms and effects in Minnesota statutes 16A.631 to 16A.675 and Minnesota Constitution Article XI, sections 4 to 7.

Significant Changes to Existing Law

• Establishes a new appropriation from the bond proceeds fund for the Stewartville project.
• Creates authorization to sell and issue state bonds (up to 3.2 million) to finance this appropriation.
• Formalizes the funding mechanism and legal framework for the project through specified statutes and constitutional provisions.

Geographic and Project Context

• Location: Approximately one mile of 15th Avenue NE within High Forest Township, adjacent to and bordering the City of Stewartville.
• Project components: Road construction/paving and drainage improvements, including culverts and storm sewers at the 15th Avenue NE and 6th Street NE intersection.

Relevant Terms - bond proceeds fund - appropriation - grant to the city - construction - paving - drainage issues - intersection with 6th Street NE - culverts - storm sewers - High Forest Township - City of Stewartville - 15th Avenue NE - one mile - state bonds - bond sale - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7