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Bill > SF2680


MN SF2680

Good Thunder public infrastructure projects bond issue and appropriation


summary

Introduced
03/17/2025
In Committee
03/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for public infrastructure projects in the city of Good Thunder; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorizes bond issuance for public infrastructure improvements in the city of Good Thunder, Minnesota. Specifically, the bill appropriates $10,892,000 from state bond proceeds to the Public Facilities Authority for a comprehensive municipal infrastructure project. The funding will support several key improvements, including constructing a new water treatment facility, installing a new water supply well, building new water main, sanitary sewer, and stormwater infrastructure, and creating a new stormwater pond. The appropriation also covers the costs of demolishing existing infrastructure and reconstructing associated streets. To finance these improvements, the commissioner of management and budget is authorized to sell and issue state bonds up to the allocated 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 its infrastructure modernization efforts.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 03/17/2025)

bill text


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