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MN HF852

MN HF852
Spicer; public infrastructure 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 public infrastructure in the city of Spicer; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides a $2,100,000 state bond appropriation to the city of Spicer for public infrastructure improvements. Specifically, the funding is designated for designing, constructing, and equipping infrastructure in the County Road 8 area located in the southeast portion of the city, which includes a new lift station, sewer, water, and roadway improvements. The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the project, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution. The primary goal of this infrastructure investment is to encourage economic growth and development in the Spicer area. The bill will become effective immediately after it is enacted, allowing the city to proceed with its infrastructure plans.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 4/10/2025 ) (on 04/10/2025)

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