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MN HF1451

MN HF1451
Redwood Falls Municipal Airport improvements funding provided, bonds issued, and money appropriated.


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 improvements at the Redwood Falls Municipal Airport; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorizes state bonds for improvements to the Redwood Falls Municipal Airport. Specifically, the bill appropriates $3,386,000 from the bond proceeds fund to the commissioner of transportation, which will be granted to the city of Redwood Falls for airport infrastructure upgrades. The funding will support several key projects, including reconstructing the Airport's Aircraft Parking Ramp, creating a Parallel Taxiway to Runways 12 and 30, milling and overlaying Runways 12 and 30, and installing a stormwater management system for future projects outlined in the Airport Layout Plan. To finance these improvements, the commissioner of management and budget is authorized to sell and issue state bonds up to the $3,386,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, enabling the city to proceed with the planned airport improvements.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Capital Investment (on 02/24/2025)

bill text


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