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MN SF362

Olmsted County community reuse and recycling center 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 a community reuse and recycling center in Olmsted County; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides an $11,800,000 state bond appropriation to Olmsted County for the design, construction, and equipment of a new community reuse and recycling facility located on the existing Olmsted County resource recovery campus. The funding will be sourced from state bond proceeds, and the commissioner of management and budget is authorized to sell and issue state bonds to finance the project. The bonds will be issued according to standard state procedures outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and in alignment with the Minnesota Constitution's provisions on state bonding. The bill becomes effective immediately after it is enacted, which means the county can proceed with planning and developing the recycling center once the bill is signed into law. This appropriation represents a significant investment in local recycling infrastructure, aimed at improving waste management and resource recovery capabilities in Olmsted County.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

bill text


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