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Bill > SF3383


MN SF3383

Lanesboro utility infrastructure improvements bond issue and appropriation


summary

Introduced
04/10/2025
In Committee
04/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money for certain utility infrastructure improvements in the city of Lanesboro; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides funding and authorizes bond issuance for utility infrastructure improvements in the city of Lanesboro, Minnesota. Specifically, the bill appropriates $5,130,000 from the state bond proceeds fund to the commissioner of transportation to support design, engineering, and construction of water and sewer infrastructure improvements that will be associated with the reconstruction of Trunk Highway 250 within Lanesboro. The commissioner of management and budget is authorized to sell and issue state bonds up to $5,130,000 to finance these improvements, following the procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and in alignment with the Minnesota Constitution. The bill will take effect the day after it is finally enacted, enabling the city to proceed with critical infrastructure upgrades that will coincide with the planned highway reconstruction project.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Capital Investment (on 04/10/2025)

bill text


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