Minnesota HF608 provides $3.5 million for a roundabout on U.S. Highway 8 in Shafer, authorizing bond issuance.
Minnesota HF608 allocates $3.5 million from the bond proceeds account in the trunk highway fund for the construction of a roundabout on U.S. Highway 8 at its intersection with Chisago County State-Aid Highway 21 in Shafer. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $3,500,000, with proceeds deposited in the bond proceeds account in the trunk highway fund. The bond issuance follows the terms prescribed by Minnesota Statutes and the state constitution. The appropriation is for the portion of the project eligible for trunk highway bonds.
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