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MN HF490

MN HF490
Alexandria Lake Area Sanitary District 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 the Alexandria Lake Area Sanitary District; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $25,000,000 in state bond funding to the Alexandria Lake Area Sanitary District (ALASD) for designing, engineering, constructing, and equipping Phase One improvements and upgrades to their regional water reclamation facility. The funding will be allocated through the Public Facilities Authority, with the commissioner of management and budget authorized to sell and issue state bonds to cover the appropriation. The bonds will be issued according to existing state statutes (Minnesota Statutes, sections 16A.631 to 16A.675) and constitutional provisions related to state bonding. The bill becomes effective immediately after its final enactment, enabling the ALASD to proceed with critical infrastructure improvements to its water facility.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (10:15:00 3/11/2025 ) (on 03/11/2025)

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