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MN SF382

Dayton water tower bond issue 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 water tower in the city of Dayton; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $3,000,000 from the state bond proceeds fund to the Public Facilities Authority specifically for the city of Dayton to support a new water tower project. The funding will be used to acquire property, and to predesign, design, and construct a water tower that will provide adequate water storage and sufficient water pressure for fire suppression for local residents. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $3,000,000, following standard state procedures outlined in Minnesota Statutes and the state constitution. The bill specifies that these provisions will take effect immediately after the bill is enacted, enabling the city of Dayton to proceed quickly with its water infrastructure improvement project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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