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MN SF1286

MN SF1286
City of Plymouth public infrastructure improvements bond issuance and appropriation


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for public infrastructure improvements in the city of Plymouth; authorizing the sale and issuance of state bonds.

AI Summary

This bill authorizes a $26 million bond issuance for public infrastructure improvements in the city of Plymouth, Minnesota. Specifically, the bill provides funding for a City Center Revitalization Project that includes several key components: stormwater ponding, a public parking ramp, reconstruction of Plymouth Boulevard, and an expansion of the Plymouth Ice Center with associated roadway realignment. The bonds will be sold by the commissioner of management and budget according to state bonding procedures outlined in Minnesota Statutes, and the funding will be administered through a grant from the commissioner of employment and economic development to the city of Plymouth. The project area is defined as the zone bounded by Vicksburg Lane and Trunk Highway 55, and the bill becomes effective immediately after its final enactment. This type of legislative appropriation is a common method for state governments to support local infrastructure development by providing dedicated funding for specific municipal improvement projects.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/13/2025)

bill text


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