HF216 (Legislative Session 94 (2025-2026))
Stillwater; Myrtle Street reconstruction funding provided, bonds issued, and money appropriated.
Related bill: SF1008
AI Generated Summary
Purpose
- The bill is about capital investment funding to reconstruct Myrtle Street in the city of Stillwater. It authorizes the sale and issuance of state bonds to support this project and redirects funds through a specific appropriation.
Main Provisions
Subd. 1 — Appropriation:
- The amount of 2023000 (two million twenty-three thousand dollars) is appropriated from the bond proceeds fund.
- The money goes to the commissioner of transportation as a grant to the city of Stillwater.
- Purpose: to design and reconstruct Myrtle Street from Owens Street to Main Street, including replacing sidewalk, curb, gutter, and related public infrastructure.
Subd. 2 — Bond sale:
- To provide the money, the commissioner of management and budget must sell and issue state bonds up to 2023000 (two million twenty-three thousand dollars).
- Bond terms and procedures must follow Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI sections 4 to 7.
Project Scope
- Geographic area: Myrtle Street in Stillwater, specifically the segment from Owens Street to Main Street.
- Activities funded: design work, reconstruction, and replacement of sidewalk, curb, gutter, and associated public infrastructure.
Funding and Legal Authority
- Source of funds: bond proceeds fund.
- Utilized as: grant to the city of Stillwater to carry out the project.
- Legal framework: bond sale and issuance under specified state statutes and constitutional provisions.
Significant Changes to Law
- Establishes a new appropriation and bonding authorization for a specific local infrastructure project (Myrtle Street reconstruction in Stillwater).
- Ties the funding to standard state bond procedures and statutory/constitutional requirements.
Fiscal/Administrative Notes
- Amount: up to $2,023,000.
- Responsible entities: commissioner of transportation (administers the grant) and commissioner of management and budget (oversees bond sale).
- Purpose compatibility: aligns with capital investment and infrastructure improvement priorities.
Relevant Terms - appropriation - bond proceeds fund - grant - Stillwater - Myrtle Street - Owens Street - Main Street - design - reconstruction - sidewalk - curb - gutter - public infrastructure - bond sale - commissioner of transportation - commissioner of management and budget - bonds - 2,023,000 (2023000) - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 10, 2025 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill authorizes the sale and issuance of state bonds for the Stillwater Myrtle Street reconstruction and references Minnesota Statutes sections 16A.631 to 16A.675 for the bond sale terms and procedures.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee