Minnesota SF4695 authorizes the issuance of up to $11,000,000 in state bonds for Trunk Highway 7 improvements.
Minnesota SF4695 appropriates $11,000,000 from bond proceeds for Trunk Highway 7 improvements in Chanhassen, Deephaven, Excelsior, Greenwood, Minnetonka, Minnetrista, Shorewood, and St. Bonifacius. The funds will cover predesign, engineering, environmental analysis, property acquisition, and construction. The commissioner of transportation will sell the bonds under Minnesota Statutes and the state constitution. The bond sale premium will be deposited in the trunk highway fund.
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