Bill > SF1377

This bill provides a $734,000 bond appropriation specifically for the city of Kennedy to replace its underground water storage tanks. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $734,000 to fund the project, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution. The funds will be used to support the predesign, design, engineering, and construction of new underground water storage tanks in Kennedy. The bill becomes effective immediately after its final enactment, which means the city can proceed with the water infrastructure improvement project once the bill is passed and signed into law. This type of targeted municipal infrastructure bond is a common way for state legislatures to help smaller communities upgrade essential public utilities like water storage systems.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1377&ssn=0&y=2025