Bill

Bill > HF2802


MN HF2802

MN HF2802
Tonka Bay; public infrastructure improvements funding provided, bonds issued, and money appropriated.


summary

Introduced
03/26/2025
In Committee
03/26/2025
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 improvements in the city of Tonka Bay; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $5,700,000 in state funding to the city of Tonka Bay for public infrastructure improvements, specifically targeting the replacement of aging municipal infrastructure in the Lakeview and Wildhurst neighborhoods. The appropriation will cover the design, construction, and equipment costs for upgrading water distribution, storm sewer, and sanitary sewer systems, as well as street reconstruction. To fund these improvements, the commissioner of management and budget is authorized to sell and issue state bonds up to the $5,700,000 amount, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, allowing the city to proceed with its critical infrastructure renewal project. This type of targeted infrastructure investment is common in Minnesota, where state bonds are used to help local municipalities improve and maintain essential public infrastructure that might otherwise be financially challenging for smaller cities to undertake.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Hearing (09:00:00 4/24/2025 ) (on 04/24/2025)

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