SF774 (Legislative Session 94 (2025-2026))
Benton County State-Aid Highway 1 capital improvements bond issue and appropriation
Related bill: HF850
AI Generated Summary
Purpose
- Provide funding for capital improvements along a specific stretch of County StateAid Highway 1 in Benton County, and authorize the sale of state bonds to pay for these improvements.
Main Provisions
- Appropriation: $21,000,000 is appropriated from the bond proceeds fund to the commissioner of transportation.
- Use of funds: The money is for a grant to Benton County to design, engineer, construct, and reconstruct capital improvements along County StateAid Highway 1 (Mayhew Lake Road) between 14th Avenue and 35th Street in the city of Sauk Rapids.
- Project scope: Includes construction and reconstruction of six roundabouts and other improvements to County StateAid Highway 1.
- Local funding requirement: This appropriation does not require a nonstate (local) contribution.
- Bonding authorization: To fund the appropriation, the commissioner of management and budget must sell and issue state bonds up to $21,000,000 in the manner and terms specified by Minnesota law and the state constitution (Minnesota Statutes sections 16A631 to 16A675 and Article XI, sections 4–7).
Financing and Bonding Details
- Source of funds: Bond proceeds fund.
- Bond issuance: State bonds up to $21,000,000 will be issued to finance the appropriation.
- Governing rules: Bond sale and terms follow the applicable Minnesota Statutes (16A631 to 16A675) and the Minnesota Constitution (Article XI, sections 4–7).
Location and Project Details
- Location: Mayhew Lake Road, County StateAid Highway 1, between 14th Avenue and 35th Street, in Sauk Rapids, Benton County.
- Specific infrastructure: Construction and reconstruction including six roundabouts as part of the improvements.
Significance
- This is a capital investment project funded by state bonds to improve transportation infrastructure without requiring local cash contributions. It focuses on safety and traffic flow improvements along a key local route.
Potential Implications
- Benton County will receive a grant managed by the state to carry out the described improvements.
- The project will be funded over time through bond financing, spreading costs over multiple years as determined by the state’s budgeting and debt management processes.
- The completion timeline and any local facilitation requirements would depend on subsequent state and county project plans and approvals.
Relevant Terms - appropriation - bond proceeds fund - County StateAid Highway 1 - Mayhew Lake Road - Sauk Rapids - design, engineer, construct, reconstruct - capital improvements / improvements and betterments of a capital nature - six roundabouts - no nonstate contribution - bond sale / bonds of the state - Minnesota Statutes 16A631 to 16A675 - Minnesota Constitution Article XI, sections 4–7
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 30, 2025 | Senate | Action | Introduction and first reading | ||
| January 30, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill uses Minnesota Statutes sections 16A.631 to 16A.675 to authorize the sale and issuance of state bonds (up to $21,000,000) for a Benton County capital improvement project along County StateAid Highway 1.",
"modified": []
},
"citation": "16A631 to 16A675",
"subdivision": ""
}
]Progress through the legislative process
In Committee