Bill > SF346

This bill provides a $4,000,000 state bond appropriation specifically for the city of Raymond to address critical municipal infrastructure needs. The funding will be used to design, construct, and equip replacements for aging and failing infrastructure, with a focus on two key areas: water distribution system improvements and storm sewer system infrastructure, as well as street reconstruction. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds to fund this project, following standard state bonding procedures outlined in Minnesota Statutes and the state Constitution. The bonds will be issued up to the $4,000,000 limit to provide the necessary funding for these infrastructure upgrades. The bill becomes effective immediately after its final enactment, enabling the city of Raymond to proceed with its infrastructure improvement plans. This type of targeted municipal infrastructure investment is common in state legislatures, allowing local communities to address critical infrastructure needs with state financial support.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0346&ssn=0&y=2025