Bill

Bill > SF2


MN SF2

Pine City public 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 public infrastructure in the city of Pine City; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $7,000,000 in state bond funding specifically for infrastructure improvements to the wastewater treatment system in Pine City. The funds will be used to renovate the existing wastewater treatment pond system, which includes several specific upgrades: repairing pond riprap (a type of erosion control), improving aeration, repairing the pond outfall line, and installing a new pond liner. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds to finance these improvements, following standard state bonding procedures outlined in Minnesota statutes and the state constitution. The bonds will be issued up to the amount of $7,000,000, and the bill becomes effective immediately after it is enacted. This type of legislation is common for local infrastructure projects, where the state provides funding to help municipalities upgrade critical public utility systems.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...