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Bill > HF615


MN HF615

MN HF615
Tracy; water and sewer infrastructure and street reconstruction improvement 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 improvements to water and sewer infrastructure and street reconstruction in the city of Tracy; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $12 million in state bond funding specifically for infrastructure improvements in the city of Tracy, Minnesota. The appropriation is designated for designing, engineering, constructing, and equipping replacements of aging municipal infrastructure, with particular focus on water distribution systems, storm sewer systems, and street reconstruction. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $12 million to fund these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding is intended to help Tracy modernize and repair critical infrastructure that has deteriorated over time, which will help ensure reliable water services, improve stormwater management, and enhance city streets. The bill becomes effective immediately after final enactment, allowing the city to quickly begin planning and implementing these infrastructure upgrades.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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