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Bill > SF990


MN SF990

MN SF990
St. Joseph sewer main 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 sewer main improvements in St. Joseph; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $5.7 million from state bond proceeds to the Public Facilities Authority for sewer main infrastructure improvements in the city of St. Joseph. The funding is specifically designated to help the city acquire property, and predesign, design, construct, and equip expansions to its wastewater collection system and related infrastructure, with a stated goal of supporting economic development and workforce housing. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $5.7 million amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill would become effective immediately after its final enactment, enabling the city to proceed with its infrastructure upgrade project. By providing this targeted funding, the bill aims to support municipal infrastructure development and potentially stimulate local economic growth by improving wastewater systems and creating conditions more favorable for housing and business development.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


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