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MN SF267

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

AI Summary

This bill provides $5,162,000 in state bond funding to the city of Newport for critical water and sewer infrastructure improvements. The funding will be used to acquire right-of-way and to predesign, design, and construct the removal, replacement, and installation of water, sanitary sewer, and storm sewer systems, along with street reconstruction in a specific project area. The project area is defined as 3rd Avenue between 14th and 12th Streets, 2nd Avenue between 15th and 11th Streets, Cedar Lane between 15th Street and 2nd Avenue, and 12th Avenue west of 4th Avenue in Newport. The commissioner of management and budget is authorized to sell and issue state bonds up to the $5,162,000 amount to finance the project, following standard state bonding procedures outlined in Minnesota Statutes. The bill becomes effective immediately after final enactment, allowing the city to proceed with infrastructure improvements that will likely enhance public utilities and infrastructure in the designated Newport neighborhoods.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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