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MN HF1714
MN HF1714Fairmont; street reconstruction funding provided, bonds issued, and money appropriated.
summary
Introduced
02/27/2025
02/27/2025
In Committee
02/27/2025
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1714&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1714&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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