Bill
Bill > HF336
MN HF336
MN HF336Waite Park; Quarry Redevelopment Project funding provided, bonds issued, and money appropriated.
summary
Introduced
02/13/2025
02/13/2025
In Committee
02/13/2025
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 the Quarry Redevelopment Project in Waite Park; authorizing the sale and issuance of state bond proceeds.
AI Summary
This bill appropriates $3,200,000 in state bond proceeds to the city of Waite Park for the Quarry Redevelopment Project, specifically to fund capital improvements including parking, lighting, and pedestrian access infrastructure. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to this amount, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bond sale will provide direct funding for the city to design, construct, furnish, and equip these redevelopment project improvements. The bill becomes effective immediately after it is enacted, which means the funding and bond issuance can proceed quickly once the legislative process is complete.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Capital Investment (on 02/13/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0336&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF336&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
Loading...