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Bill > SF838


MN SF838

Russell water and sewer infrastructure and street reconstruction bond issue and appropriation


summary

Introduced
01/30/2025
In Committee
01/30/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

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

AI Summary

This bill appropriates $4,000,000 from state bond proceeds to the Public Facilities Authority to provide a grant to the city of Russell for critical infrastructure improvements. Specifically, the funding will be used to design, construct, and equip replacements for aging municipal infrastructure, including the water distribution system, sanitary sewer system, storm sewer system, and city street reconstruction. To finance these improvements, the commissioner of management and budget is authorized to sell and issue state bonds up to $4,000,000, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill aims to address infrastructure challenges in Russell by providing significant financial support for modernizing and repairing essential public utility and transportation systems. The appropriation becomes effective immediately upon final enactment, allowing the city to proceed quickly with its infrastructure upgrade plans.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 01/30/2025)

bill text


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