SF1796

Purpose

This bill is a capital investment measure that finances a local street project in Barnesville. It provides a state grant, funded by bonds, to support the design and reconstruction of 13th Street in Barnesville so it becomes a paved road.

Project Details

• Location and scope: Reconstruct 13th Street in the city of Barnesville as a paved road, from Trunk Highway 34 to 9th Avenue Southeast.
• Funding recipient: The grant goes to the city of Barnesville, administered through the Minnesota Department of Transportation.
• Funding amount: $2,365,000 from the bond proceeds fund.
• Local match: The appropriation does not require any nonstate (local) contribution.

Financing and Legal Authority

• Bond financing: The commissioner of management and budget shall sell and issue state bonds up to $2,365,000 to finance the appropriation.
• Legal framework: Bond issuance and use of funds must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution, Article XI, sections 4 to 7.

Local Impact and Oversight

• Beneficiary: City of Barnesville receives funds to design and reconstruct 13th Street.
• Oversight and administration: The project is managed within the state’s bond funding framework, with the Department of Transportation handling the grant and the Budget Office issuing bonds.

Summary of Changes to Law

• Adds a new appropriation funded by state bonds for Barnesville’s 13th Street project.
• Establishes a no local-contribution requirement for this project.
• Integrates the project into the state’s bond proceeds financing structure under existing statutory and constitutional provisions.

Relevant Terms - bond proceeds fund - grant - city of Barnesville - 13th Street - reconstruction - design - paved road - Trunk Highway 34 - 9th Avenue Southeast - nonstate contribution - bond sale / state bonds - $2,365,000 - commissioner of transportation - commissioner of management and budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7