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HF1287 (Legislative Session 94 (2025-2026))

Virginia; city hall improvement funding provided, bonds issued, and money appropriated.

Related bill: SF973

AI Generated Summary

Purpose

This bill would provide state financing to upgrade the Virginia City Hall. It creates a grant to the city of Virginia funded by state bonds, aimed at upgrading and modernizing the building.

Main Provisions

  • Appropriation: The bill allocates 2,500,000 from the bond proceeds fund to the commissioner of employment and economic development. This money is granted to the city of Virginia to design, construct, and equip improvements to the city hall building. Eligible improvements include replacing and upgrading the HVAC system, replacing windows, and other capital-related upgrades.
  • Bond authorization: The bill requires the commissioner of management and budget to sell and issue state bonds up to 2,500,000 to fund the appropriation. Bond terms must follow Minnesota Statutes 16A.631 to 16A.675 and the Minnesota Constitution (Article XI, sections 4 to 7).

Financing and Bonds

  • Source of funds: The bond proceeds fund will provide the money for the grant.
  • Process and requirements: Bond issuance must follow existing state law and constitutional rules governing debt and bonding.

Effects and Changes to Law

  • Creates a new state-funded grant and bond-issuance authority for local government infrastructure improvements (specifically for the Virginia City Hall).
  • Establishes a clear mechanism for funding and implementing the planned upgrades, including HVAC and window replacement, as part of capital improvements.

Administrative Details

  • Agencies involved: Department of Employment and Economic Development (for administering the grant) and the Department of Management and Budget (for issuing bonds).

Relevant Terms

  • Virginia City Hall
  • grant
  • design, construct, equip
  • HVAC system replacement
  • window replacement
  • capital improvements
  • bond proceeds fund
  • bond sale / issuance of state bonds
  • 2,500,000
  • Minnesota Statutes 16A.631 to 16A.675
  • Minnesota Constitution Article XI (sections 4 to 7)
  • commissioner of employment and economic development
  • commissioner of management and budget

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 20, 2025HouseActionIntroduction and first reading, referred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill authorizes the sale of state bonds and references Minnesota Statutes 16A.631 to 16A.675 (bond sale provisions) for the financing of a Virginia City Hall capital improvement project.",
      "modified": []
    },
    "citation": "Minnesota Statutes 16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

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