Minnesota SF370 proposes a $3.5 million bond issue and appropriation for constructing a roundabout on U.S. Highway 8 in Shafer.
Minnesota SF370 is a legislative proposal to fund the construction of a roundabout on U.S. Highway 8 at its intersection with Chisago County State-Aid Highway 21 in Shafer. The bill allocates $3.5 million from the bond proceeds account in the trunk highway fund for environmental analysis, predesign, design, engineering, and construction of the roundabout. Additionally, it authorizes the sale and issuance of state bonds up to $3.5 million to cover the project costs, with proceeds deposited in the bond proceeds account in the trunk highway fund, excluding accrued interest and any premium from.
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