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Bill > SF1796


MN SF1796

City of Barnesville 13th Street reconstruction bond issuance and appropriation


summary

Introduced
02/24/2025
In Committee
02/24/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for reconstruction of 13th Street in the city of Barnesville; authorizing the sale and issuance of state bonds.

AI Summary

This bill authorizes a state bond issuance and appropriation of $2,365,000 for the reconstruction of 13th Street in the city of Barnesville, Minnesota. Specifically, the bill provides funding to the Minnesota Department of Transportation to design and reconstruct 13th Street as a paved road, extending from Trunk Highway 34 to 9th Avenue Southeast. The appropriation does not require a matching local contribution. To fund the project, the commissioner of management and budget is authorized to sell and issue state bonds up to the $2,365,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill will take effect immediately after it is enacted, enabling the city to proceed with the street reconstruction project using state-issued bond proceeds.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to Capital Investment (on 02/24/2025)

bill text


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