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MN SF161

Fulda water and sewer infrastructure 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 infrastructure improvements in the city of Fulda; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $17,000,000 from state bond proceeds to the Public Facilities Authority for a comprehensive infrastructure improvement project in the city of Fulda, Minnesota. The funding is specifically designated for designing and constructing upgrades to the city's critical infrastructure, including sanitary sewer systems, stormwater management, and drinking water infrastructure. The project encompasses improvements to the wastewater treatment facility, water treatment and distribution systems, stormwater collection system, and includes associated street reconstruction. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $17,000,000, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, enabling the city of Fulda to proceed with its essential infrastructure modernization efforts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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