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The Chanhassen, MN City Council has already given its blessing to rename a 7 mile stretch of Highway 5 Prince Rogers Nelson Memorial Highway.
The decision to rename it rests with Minnesota State Legislature. I don't know if it's an issue they will find time to take on in the 2021 Legislative Session but there is an effort to get a bill together for a vote.
There is a petition which as of Friday afternoon has more than 1,700 signatures. You can get more details on the effort and sign it by clicking below.