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Bill > SF1043


MN SF1043

Keewatin water, sewer, and street infrastructure bond issue and appropriation


summary

Introduced
02/06/2025
In Committee
02/06/2025
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, sewer, and street infrastructure in the city of Keewatin; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $5.5 million in state bond proceeds to the city of Keewatin for infrastructure improvements, specifically to fund the replacement and reconstruction of water mains, sanitary sewer lines, storm sewer systems, and streets. The commissioner of employment and economic development will oversee the grant to the city, and the commissioner of management and budget is authorized to sell and issue state bonds up to $5.5 million to finance the project. The bonds will be issued according to existing state statutes governing bond issuance and in compliance with the Minnesota Constitution. The bill becomes effective immediately after it is enacted, and the funding is intended to help the city of Keewatin modernize and improve its critical municipal infrastructure, which can enhance public health, safety, and community quality of life.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/06/2025)

bill text


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