HF 959

01/22/25   REVISOR  KRB/AC  25-02304
This Document can be made available
in alternative formats upon request  State of Minnesota
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.   959
02/17/2025     Authored by Anderson, P. H.,
  The bill was read for the first time and referred to the Committee on Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for a new interchange on
1.3Interstate Highway 94 in the city of Freeport; authorizing the sale and issuance of
1.4state bonds.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6Section 1. FREEPORT; INTERSTATE HIGHWAY 94 INTERCHANGE
1.7RECONSTRUCTION.
1.8Subdivision 1. Appropriation. $6,000,000 is appropriated from the bond proceeds fund
1.9to the commissioner of transportation for a grant to the city of Freeport for the reconstruction
1.10of the intersection of marked Interstate Highway 94 and 1st Avenue. This appropriation
1.11includes money for preliminary and final design, engineering, permitting, demolition of an
1.12existing bridge over marked Interstate Highway 94, and construction of a new interchange
1.13and other infrastructure necessary to support completion of the project, including pedestrian
1.14safety, public utilities, and stormwater management. This appropriation is exempt from the
1.15requirements of Minnesota Statutes, section 16A.86, subdivision 4.
1.16Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.17proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.18the state in an amount up to $6,000,000 in the manner, upon the terms, and with the effect
1.19prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.20Constitution, article XI, sections 4 to 7.
1.21EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1