Bill
Bill > HF851
MN HF851
MN HF851Raymond; water and storm sewer infrastructure improvements and street reconstruction funding provided, bonds issued, and money appropriated.
summary
Introduced
02/17/2025
02/17/2025
In Committee
02/17/2025
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 improvements to water and storm sewer infrastructure and street reconstruction in the city of Raymond; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides a $4,000,000 state appropriation specifically for infrastructure improvements in the city of Raymond, Minnesota. The funding is intended to support the design, construction, and equipment replacement of aging municipal infrastructure, with a particular focus on upgrading the water distribution system, storm sewer system, and reconstructing city streets. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to the $4,000,000 amount, following standard state bonding procedures outlined in Minnesota statutes and constitutional guidelines. The bonds will be issued through the Public Facilities Authority, which will manage the grant to the city of Raymond. The bill becomes effective immediately after its final enactment, allowing the city to proceed with its infrastructure modernization plans aimed at replacing failing municipal infrastructure and improving essential public utility systems.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Hearing (10:15:00 3/6/2025 ) (on 03/06/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0851&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF851&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
Loading...