SF1009

Purpose

This bill describes a capital investment appropriation to fund improvements to the Washington Avenue intersection in Stillwater. It authorizes the sale of state bonds to pay for this project.

Key Provisions

• Appropriation: $1,331,000 is appropriated from the bond proceeds fund to the commissioner of transportation. The money is for a grant to the city of Stillwater to design, engineer, and construct a new intersection of Washington Avenue and North Frontage Road, plus related roadway and safety upgrades and improvements.
• Bond Sale: The funds will be provided by selling and issuing state bonds up to $1,331,000. The bond sale must follow Minnesota statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Funding and Financing

• Source of Funds: Bond proceeds fund.
• Responsible Officials: Commissioner of Transportation (for the grant to Stillwater) and Commissioner of Management and Budget (for issuing the bonds).
• Legal Authority: Bond issuance and use of proceeds must comply with specified Minnesota statutes and constitutional provisions.

Implementation and Legal Authority

• The project involves design, engineering, and construction activities for and related to the Washington Avenue and North Frontage Road intersection, plus safety-related roadway improvements.
• The bill directs the appropriate state agencies to carry out these actions under the stated bond authorization and appropriation.

Impact on Stillwater

• The city would receive a grant to design and build a new intersection and related safety improvements, aimed at improving traffic flow and safety at this location.

Significant Changes to Existing Law

• Creates or emphasizes an appropriation and bond authorization for this specific Stillwater project.
• Directs the sale of bonds up to $1,331,000 to fund the project, consistent with existing bond issuance processes and statutory/constitutional authority.

Notable Terms from the Bill (key phrases used)

• capital investment appropriation
• bond proceeds fund
• grant to the city of Stillwater
• Washington Avenue and North Frontage Road intersection
• design, engineer, construct
• roadway and safety upgrades and improvements
• bond sale / bonds
• Minnesota Statutes sections 16A.631 to 16A.675
• Minnesota Constitution Article XI sections 4 to 7

Relevant Terms - bond proceeds fund - appropriation - grant to the city of Stillwater - Washington Avenue - North Frontage Road - design - engineer - construct - roadway - safety upgrades - capital investment - bonds - 1,331,000 (or $1,331,000) - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI