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Bill > HF2655


MN HF2655

MN HF2655
Minnetonka Beach; water, sewer, and stormwater infrastructure improvements and street reconstruction funding provided; bonds issued; and money appropriated.


summary

Introduced
03/24/2025
In Committee
03/24/2025
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, sewer, and stormwater infrastructure and street reconstruction in the city of Minnetonka Beach; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $5,167,000 in state bonding funds to the city of Minnetonka Beach specifically for critical public infrastructure improvements. The funding will be used to design, engineer, construct, and equip replacements for aging municipal infrastructure systems, including water distribution, sanitary sewer, and storm sewer networks, as well as street reconstruction. The Minnesota commissioner of management and budget is authorized to sell and issue state bonds up to the $5,167,000 amount to finance these improvements, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill's purpose is to help the city upgrade its essential infrastructure systems, which have deteriorated and require comprehensive replacement. The bonds will provide the necessary capital for these infrastructure upgrades, with the funding becoming available immediately after the bill's enactment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (10:15:00 4/3/2025 ) (on 04/03/2025)

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