Bill > SF1378

This bill authorizes an $8 million state bond issuance to provide funding for infrastructure improvements in the city of Stephen, Minnesota. Specifically, the appropriation will be used to design, construct, and equip replacements for aging municipal infrastructure, including water distribution, sanitary sewer, and storm sewer systems, as well as street reconstruction. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds up to $8 million to finance these projects, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding is intended to address critical infrastructure needs by replacing failing systems in the city, with the bill becoming effective immediately after its final enactment. This type of legislation is typical of state capital investment efforts to support local infrastructure upgrades in smaller communities.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1378&ssn=0&y=2025