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Bill > SF1522


MN SF1522

North Minneapolis flood mitigation projects bond issue and appropriation


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for flood mitigation projects in North Minneapolis; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $20 million from state bond proceeds to fund flood mitigation infrastructure improvements in the Cleveland neighborhood of North Minneapolis. Specifically, the funding will support the design, construction, and equipment of capital improvements to replace aging and failing municipal stormwater infrastructure along 34th, 35th, and Washburn Avenues. The appropriation also includes funding for associated street reconstruction. The Minnesota Commissioner of Management and Budget is authorized to sell and issue state bonds up to $20 million to provide the necessary funding, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill aims to address recurring flooding issues in this specific North Minneapolis neighborhood by upgrading critical infrastructure, with the funding mechanism being state-issued bonds. The bill becomes effective immediately after its final enactment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/17/2025)

bill text


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