Bill

Bill > HF1714


MN HF1714

MN HF1714
Fairmont; street reconstruction 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 street reconstruction in the city of Fairmont; authorizing the sale and issuance of state bonds.

AI Summary

This bill appropriates $10,538,000 from state bond proceeds to the Minnesota Department of Transportation for street reconstruction in the city of Fairmont. Specifically, the funding will support the construction of Kot Street (from Charles Street to South Prairie Avenue) and an extension of Fairlakes Avenue to connect Woodland Avenue with Lake Avenue. The appropriation covers expenses related to right-of-way and easement acquisition, public utilities, and associated street infrastructure. The bill authorizes the commissioner of management and budget 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 bill includes a provision exempting this appropriation from certain standard financial requirements, and it will become effective immediately after final enactment, allowing the city of Fairmont to proceed with its street reconstruction project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...