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Bill > SF1683


MN SF1683

City of Barnesville Northwest Improvement Area public infrastructure improvements bond issuance and appropriation


summary

Introduced
02/20/2025
In Committee
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 public infrastructure improvements in the Northwest Improvement Area of the city of Barnesville; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $6,400,000 from state bond proceeds to the Public Facilities Authority for a grant to the city of Barnesville to fund public infrastructure improvements in the city's Northwest Improvement Area. Specifically, the funding will be used to predesign, design, construct, reconstruct, and equip rehabilitation and replacement of infrastructure, including water main, sanitary sewer, and storm sewer system improvements. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $6,400,000 to provide these funds, following the procedures outlined in Minnesota Statutes and the state Constitution. The bonds will be sold according to standard state bonding practices, with the goal of supporting local infrastructure development in Barnesville. The bill becomes effective immediately after its final enactment, allowing the city to proceed with its infrastructure upgrade project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 02/20/2025)

bill text


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