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Bill > HF1661


MN HF1661

MN HF1661
Thomson; water and sewer infrastructure improvements and 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 improvements to water and sewer infrastructure and street reconstruction in the township of Thomson; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $3,500,000 in state bond funding to the township of Thomson for critical infrastructure improvements, specifically targeting the replacement of aging municipal infrastructure. The funding will be used to upgrade water distribution systems, improve sanitary sewer infrastructure, and reconstruct streets. The Public Facilities Authority will administer the grant, and the commissioner of management and budget is authorized to sell and issue state bonds to finance the project, following standard state bonding procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in accordance with the Minnesota Constitution. The bonds will be issued up to the amount of $3,500,000, and the bill becomes effective immediately after its final enactment. This legislation is designed to help a small township address critical infrastructure needs that may be beyond its current financial capacity, using state-level bonding to support local infrastructure improvements.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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