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Bill > HF3210


MN HF3210

MN HF3210
Eagle Bend High School renovation funding provided, bonds issued, and money appropriated.


summary

Introduced
04/21/2025
In Committee
04/21/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to capital investment; appropriating money to renovate the Eagle Bend High School; authorizing the sale and issuance of state bonds.

AI Summary

This bill provides $1,500,000 in state bond funding for renovating the Eagle Bend High School, supplementing a previous appropriation from 2017 (which was later amended in 2021). The bill authorizes the commissioner of management and budget to sell and issue state bonds to finance the renovation project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding will be granted to the city of Eagle Bend specifically for the high school renovation, with the bill taking effect immediately after its final enactment. By using bond proceeds, the state is essentially borrowing money to fund this capital improvement project, which is a common method for financing significant infrastructure and facility upgrades at the local level.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Capital Investment (on 04/21/2025)

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