summary
Introduced
02/20/2025
02/20/2025
In Committee
02/20/2025
02/20/2025
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 Rum River Dam in the city of Anoka; authorizing the sale and issuance of state bonds.
AI Summary
This bill appropriates $11,950,000 from state bond proceeds to the city of Anoka for comprehensive improvements to the Rum River Dam. The funding will support multiple objectives, including operational and safety enhancements, infrastructure modifications to potentially facilitate hydroelectric power generation and river surfing, and potential development of a lock or fish passage system. The commissioner of management and budget is authorized to sell and issue state bonds up to the appropriated amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bonds will be used to finance capital improvements of a significant nature to the dam, with the goal of enhancing its functionality, safety, and potential economic and environmental utility. The bill becomes effective immediately after final enactment, allowing the city of Anoka to proceed with the planned dam improvements in the near term.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Referred to Capital Investment (on 02/20/2025)
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=Senate&f=SF1659&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1659&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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