Bill

Bill > HF241


MN HF241

MN HF241
Floodwood; water and sewer infrastructure capital improvement funding provided, bonds issued, and money appropriated.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for capital improvements to water and sewer infrastructure in the city of Floodwood; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $2,000,000 from state bond proceeds to the Public Facilities Authority for the city of Floodwood to undertake critical water and sewer infrastructure improvements along County Road 832 (Floodwood Road). The funding is specifically intended to support the replacement and expansion of water and sewer mains, along with associated street improvements that are designed to facilitate future business and residential development in the area. To secure this funding, the commissioner of management and budget is authorized to sell and issue state bonds up to the $2,000,000 amount, following established state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill will take effect immediately after its final enactment, enabling the city to proceed with infrastructure upgrades that will enhance local utility services and potentially support community growth.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/11/2025 ) (on 03/11/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...