Bill > HF798

This bill appropriates $2 million in state bond proceeds to the city of Lake Park for local road improvements. Specifically, the funds will be used to design, engineer, construct, reconstruct, and rehabilitate local roads within the city's boundaries. The commissioner of management and budget is authorized to sell and issue state bonds up to $2 million to fund these improvements, following the standard procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution. The bill provides a straightforward mechanism for securing funding for infrastructure upgrades in Lake Park, with the bonds being issued according to established state financial regulations. The appropriation and bond issuance will become effective immediately after the bill is enacted, enabling the city to proceed with its road improvement project in a timely manner.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0798&ssn=0&y=2025