Bill

Bill > HF571


MN HF571

MN HF571
Chisholm; funding provided for public infrastructure in the Wenton Addition housing development, 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 public infrastructure for the Wenton Addition housing development in the city of Chisholm; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorizes bond issuance for public infrastructure in the Wenton Addition housing development in the city of Chisholm, Minnesota. Specifically, the bill appropriates $300,000 from the bond proceeds fund to the commissioner of employment and economic development, which will be used as a grant to the city of Chisholm for designing and constructing street and utility infrastructure for the housing development. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $300,000, following the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bill will take effect the day after it receives final legislative approval, providing the city with the necessary funds to improve infrastructure in the Wenton Addition housing development.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/27/2025 ) (on 03/27/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...