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Bill > SF1041


MN SF1041

Minneapolis 36-inch water main capital improvements 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 capital improvements to the 36-inch water main located in Minneapolis; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $12,360,000 from state bond proceeds to the Public Facilities Authority for a specific infrastructure project in Minneapolis. The funds will be used to install a structural liner along 2.6 miles of a 36-inch water main running under Second Street North and Washington Avenue North. The appropriation will only be available once the commissioner of management and budget confirms that sufficient non-state resources have been committed to complete the project. To fund this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $12,360,000, following the procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective the day after it is finally enacted, and its primary purpose is to support critical water infrastructure improvements in the city of Minneapolis by providing funding for the rehabilitation of an existing water main.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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