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MN HF731

MN HF731
Lewisville water and wastewater infrastructure improvements 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 water and wastewater infrastructure improvements in the city of Lewisville; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $10 million in state bond funding specifically for infrastructure improvements in the city of Lewisville, Minnesota. The funds are designated for comprehensive water and wastewater system upgrades, which include designing, engineering, constructing, and equipping sewer systems, stormwater infrastructure, and water tower refurbishment. Additionally, the bill covers associated road and sidewalk reconstruction projects. The appropriation is contingent upon the commissioner of management and budget verifying that sufficient additional funding has been committed to complete the project. To finance these improvements, the state will issue up to $10 million in bonds, following established state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, enabling the city to proceed with its critical infrastructure enhancement project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/4/2025 ) (on 03/04/2025)

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