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Bill > SF269


MN SF269

City of Rochester sanitary sewer infrastructure to support housing expansion bond issuance and appropriation


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for sanitary sewer infrastructure to support housing expansion in the city of Rochester; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $17,250,000 from state bond proceeds to support sanitary sewer infrastructure expansion in Rochester, Minnesota, specifically aimed at facilitating additional housing development in the region. The funds will be used to predesign, design, and construct sewer infrastructure improvements, with the money being granted to the city of Rochester through the Public Facilities Authority. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $17,250,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bond sale will provide the necessary funding for the infrastructure project, with the legislation becoming effective immediately after its final enactment. By investing in sanitary sewer infrastructure, the bill seeks to support regional housing development by ensuring that the necessary municipal infrastructure is in place to accommodate potential growth in Rochester.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 01/21/2025)

bill text


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