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Bill > SF19


MN SF19

Gaylord infrastructure improvements 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 Gaylord; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for infrastructure improvements in the city of Gaylord, Minnesota, specifically related to the Sibley County State-Aid Highway 21 project. The bill appropriates $2,650,000 from the bond proceeds fund to the commissioner of transportation, which will be used to design and construct improvements to the city's sanitary sewer, water main, and storm system infrastructure. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to the specified amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bond issuance will follow established legal protocols for state financial transactions, ensuring proper fiscal management. The bill becomes effective immediately after final enactment, allowing the city of Gaylord to proceed with the planned infrastructure upgrades that will support the ongoing highway project and improve the community's essential utility systems.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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