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Bill > SF138
MN SF138
Proctor utility extensions and upgrades for marked Interstate 35 commercial development bond issue and appropriation
summary
Introduced
01/16/2025
01/16/2025
In Committee
01/16/2025
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 the city of Proctor to provide utility extensions and upgrades for marked Interstate Highway 35 commercial development; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $3,500,000 from state bond proceeds to the Public Facilities Authority for a grant to the city of Proctor to fund utility infrastructure improvements along Interstate Highway 35. Specifically, the funding will support predesign, design, and construction of water, sewer, and electric utility extensions that will cross from the north side of Ugstad Road to the south side of the highway, including work along the frontage road and utility replacements from Ugstad Road to 2nd Street. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $3,500,000 to provide the funding, following standard state bonding procedures outlined in Minnesota statutes and constitutional provisions. Importantly, this appropriation does not require a matching contribution from non-state sources, and the bill will take effect immediately after its final enactment. The project aims to support infrastructure development and potential commercial growth in the Proctor area near Interstate 35.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Capital Investment (on 01/16/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0138&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF138&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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