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MN HF651

MN HF651
Cottonwood; public infrastructure replacement funding provided, bonds issued, and money appropriated.


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 replacement of public infrastructure in the city of Cottonwood; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $8,000,000 in state bond funding to the city of Cottonwood for public infrastructure replacement and improvements. Specifically, the funding will support Phase 1 of a comprehensive infrastructure upgrade project that includes replacing and upgrading portions of the city's sanitary sewer system and drinking water distribution system, reconstructing streets, replacing curbs, gutters, and sidewalks, and making improvements to connect to the Lincoln Pipestone Rural Water system to enhance municipal water quality. The commissioner of management and budget is authorized to sell and issue state bonds up to $8,000,000 to finance these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after it is enacted, allowing the city to proceed with its infrastructure modernization efforts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/6/2025 ) (on 03/06/2025)

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