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Bill > SF122


MN SF122

MN SF122
City of Hibbing drinking water infrastructure bond issuance 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 drinking water infrastructure in the city of Hibbing; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $12,000,000 in state bond funding to the Hibbing Public Utilities Commission specifically for upgrading the city's drinking water infrastructure. The appropriation will support predesign, design, construction, furnishing, and equipping of improvements to the municipal clean drinking water distribution system and water supply sources. The commissioner of management and budget is authorized to sell and issue state bonds up to the $12,000,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bonds will be used to finance the infrastructure project, with the funding aimed at enhancing the quality and reliability of Hibbing's drinking water system. The bill becomes effective immediately after it is enacted, allowing the Hibbing Public Utilities Commission to proceed quickly with necessary water infrastructure upgrades.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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