Minnesota SF2701 proposes to fund intersection improvements in Chisago County through bond issuance and appropriations.

Minnesota SF2701 is a bill that aims to improve intersections in Chisago County by authorizing the sale and issuance of state bonds. The bill appropriates funds from the bond proceeds account in the trunk highway fund for various projects, including the construction of roundabouts on U.S. Highway 95 and U.S. Highway 8. The commissioner of management and budget is tasked with selling and issuing up to $18,000,000 in state bonds to finance these projects. The proceeds, excluding accrued interest and any premium, must be deposited in the bond proceeds account in the trunk highway fund.

Minnesota SF2701 proposes to fund intersection improvements in Chisago County through bond issuance and appropriations.

Minnesota SF2701 is a bill that aims to improve intersections in Chisago County by authorizing the sale and issuance of state bonds. The bill appropriates funds from the bond proceeds account in the trunk highway fund for various projects, including the construction of roundabouts on U.S. Highway 95 and U.S. Highway 8. The commissioner of management and budget is tasked with selling and issuing up to $18,000,000 in state bonds to finance these projects. The proceeds, excluding accrued interest and any premium, must be deposited in the bond proceeds account in the trunk highway fund.