Bill > HF874

This bill provides $863,000 in state bond funding for public infrastructure improvements in the city of Lake Benton, Minnesota. Specifically, the funding will be used to design, engineer, construct, and reconstruct sanitary sewer, water, and storm sewer infrastructure along the U.S. Highway 75 corridor, which will be done in coordination with the highway's reconstruction. The Commissioner of Management and Budget is authorized to sell and issue state bonds up to $863,000 to finance the project, following standard state bonding procedures outlined in Minnesota Statutes and the state Constitution. The bonds will be issued from the state bond proceeds fund, and the bill becomes effective immediately after it is enacted. This type of infrastructure investment aims to improve municipal utilities and coordinate infrastructure upgrades with major transportation projects, potentially enhancing the city's utility systems and supporting local development.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0874&ssn=0&y=2025