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Bill > HF603


MN HF603

MN HF603
Kennedy; underground water storage tank 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 underground water storage tanks in the city of Kennedy; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for the city of Kennedy to replace its underground water storage tanks through a state bond appropriation. Specifically, the bill allocates $734,000 from the state bond proceeds fund to the Public Facilities Authority, which will be used to predesign, design, engineer, and construct new underground water storage tanks in Kennedy. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $734,000, following the procedures outlined in Minnesota Statutes and the state constitution. The bill will take effect the day after it receives final legislative approval, enabling the city to proceed with its water infrastructure improvement project. By providing this targeted funding, the bill aims to support the city's efforts to upgrade its critical water storage infrastructure.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/20/2025 ) (on 03/20/2025)

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