Bill > SF340

This bill appropriates $16 million in state bond proceeds to the city of Butterfield for two specific public infrastructure projects: rehabilitating the city's wastewater treatment facility and reconstructing aging and failing streets. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $16 million amount, following the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution. The bond sale will provide funding for the infrastructure improvements, with the funding mechanism following standard state bonding protocols. The bill becomes effective immediately after final enactment, allowing the city to proceed quickly with its planned infrastructure upgrades. By using state bonds, Butterfield can access capital funding to address critical infrastructure needs that might otherwise be financially challenging for a small municipality to undertake independently.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0340&ssn=0&y=2025