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Bill > HF884
MN HF884
MN HF884Alpha; infrastructure improvements 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 infrastructure improvements in the city of Alpha; authorizing the sale and issuance of state bonds.
AI Summary
This bill provides $6,744,000 in state bond funding specifically for infrastructure improvements in the city of Alpha, Minnesota. The appropriation will be used to support multiple municipal infrastructure projects, including upgrades to the city's wastewater treatment facility, wastewater collection system, water treatment facilities, water distribution system, and street reconstruction (including sidewalks, curbs, and gutters). The commissioner of management and budget is authorized to sell and issue state bonds up to the $6,744,000 amount to fund these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill will take effect immediately after final enactment, allowing the city to proceed with its planned infrastructure upgrades. By using bond proceeds, the city can finance these significant infrastructure investments without immediate direct taxpayer burden, spreading the cost over time through bond repayment.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Hearing (10:15:00 4/3/2025 ) (on 04/03/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0884&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF884&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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