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Bill > SF147


MN SF147

Wood Lake water infrastructure and street reconstruction 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 improvements to water and sewer infrastructure and street reconstruction in the city of Wood Lake; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $4,525,000 from state bond proceeds to the Public Facilities Authority specifically for the city of Wood Lake to upgrade and replace its aging municipal infrastructure. The funding is designated for comprehensive infrastructure improvements, including the replacement of water distribution systems, wastewater systems, storm sewer infrastructure, and the reconstruction of city streets. To provide these funds, the commissioner of management and budget is authorized to sell and issue state bonds up to the $4,525,000 amount, following established state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill is designed to help the city of Wood Lake modernize its critical infrastructure, addressing potential issues with aging utility systems and road networks. The appropriation becomes effective immediately after the bill's final enactment, allowing the city to proceed with planned improvements in a timely manner.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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