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MN HF1050

MN HF1050
Minneapolis; 36-inch water main capital improvement funding provided, bonds issued, and money appropriated.


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 capital improvements to the 36-inch water main located in Minneapolis; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $12,360,000 from state bond proceeds to the Public Facilities Authority to fund a critical water infrastructure project in Minneapolis. Specifically, the funds will be used to install a structural liner along a 2.6-mile stretch of a 36-inch water main running under Second Street North and Washington Avenue North. The appropriation is contingent upon the commissioner of management and budget confirming that sufficient non-state resources have been committed to complete the project. To finance this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to the appropriated amount, following the guidelines established in Minnesota Statutes and the state constitution. The bill becomes effective immediately after final enactment, enabling the city to proceed with this important water infrastructure improvement project aimed at upgrading and protecting a significant municipal water main.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

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

bill text


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