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MN HF650

MN HF650
Wood Lake; 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 Wood Lake; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorization for infrastructure improvements in the city of Wood Lake, Minnesota. Specifically, the bill appropriates $4,525,000 from the state bond proceeds fund to the Public Facilities Authority, which will be used as a grant to the city of Wood Lake for comprehensive municipal infrastructure upgrades. The infrastructure improvements include replacing aging water distribution systems, wastewater systems, storm sewer infrastructure, and reconstructing city streets. To finance these improvements, the commissioner of management and budget is authorized to sell and issue state bonds up to the $4,525,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after it is enacted, enabling the city to proceed with its critical infrastructure renewal project. This type of legislation is common for supporting local infrastructure improvements in smaller Minnesota communities that may lack sufficient resources to fund major infrastructure upgrades on their own.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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