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MN SF166

Henderson water treatment facility bond issue and appropriation


summary

Introduced
01/16/2025
In Committee
01/16/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for a new water treatment facility in the city of Henderson; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for a new water treatment facility in the city of Henderson, Minnesota. Specifically, the bill appropriates $3,000,000 from the state bond proceeds fund to the Public Facilities Authority, which will provide a grant to Henderson for designing and constructing a new water treatment facility, including connecting it to the existing well and water distribution system. The bill also authorizes the commissioner of management and budget to sell and issue state bonds up to $3,000,000 to finance the project, following the procedures outlined in Minnesota Statutes and the state constitution. The bond sale will follow standard state bonding procedures, which typically involve issuing debt to fund public infrastructure projects. The bill becomes effective immediately after it is enacted, allowing the city of Henderson to proceed with planning and constructing its new water treatment facility.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/16/2025)

bill text


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