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Bill > HF1670


MN HF1670

MN HF1670
Red Lake Falls; infrastructure rehabilitation funding provided, bonds issued, and money appropriated.


summary

Introduced
02/27/2025
In Committee
02/27/2025
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 rehabilitation in the city of Red Lake Falls; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $5,947,000 in state bond funding for infrastructure rehabilitation in the city of Red Lake Falls, Minnesota. Specifically, the appropriation will support predesign, design, construction, and equipment for municipal infrastructure improvements, including upgrades to the city's sanitary and storm sewer systems and repair and reconstruction of city streets (which may involve replacing or repairing sidewalks, curbs, and gutters). The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the $5,947,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding mechanism involves selling state bonds and transferring the proceeds to the Public Facilities Authority, which will then grant the funds to Red Lake Falls for the specified infrastructure projects. The bill becomes effective immediately after its final enactment, allowing the city to proceed with its infrastructure rehabilitation efforts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 3/13/2025 ) (on 03/13/2025)

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