SF4789

Purpose

• Authorizes state investment in an infrastructure project to improve traffic flow and safety at the interchange of marked Trunk Highway 65 and Bunker Lake Boulevard Northeast in Ham Lake (Anoka County). The bill finances planning and construction work through state bonds.

Main Provisions

• Subdivision 1 – Appropriation:
  • $4,300,000 is appropriated from the bond proceeds fund to the commissioner of transportation.
  • Funds are for preliminary engineering, environmental documentation, final design, right-of-way acquisition, and construction of intersection improvements at Trunk Highway 65 and Anoka County State Aid Highway 116 (Bunker Lake Boulevard Northeast), including related frontage roads and backage roads within the trunk highway system.
  • This appropriation covers the portion of the project eligible to be funded with general obligation bond proceeds and does not require a local nonstate contribution.
• Subdivision 2 – Bond Sale:
  • To provide the money, the commissioner of management and budget shall sell and issue state bonds up to $4,300,000.
  • Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Funding Details and Bonding

• The funding is specifically from the bond proceeds fund and is tied to general obligation bonds.
• The bill establishes the authority to issue bonds in an amount up to $4,300,000 to support the project.
• No local cash match or nonstate contribution is required for this appropriation.

Significance and Changes to Law

• This is a capital investment appropriation that creates a new bonding authorization for a targeted highway/interchange project.
• It designates funding for multiple project phases (planning through construction) and assigns the bonding process to state agencies under existing statutory and constitutional authority.
• The bill does not change tax policy or broad transportation funding rules; it authorizes a specific bond-financed expenditure and related administration.

Relevant Terms - Anoka County - Ham Lake - Trunk Highway 65 - Bunker Lake Boulevard Northeast - Anoka County State Aid Highway 116 - frontage roads - backage roads - interchange improvements - preliminary engineering - environmental documentation - final design - right-of-way acquisition - construction - bond proceeds fund - general obligation bonds - bond sale - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4-7