HF404 (Legislative Session 94 (2025-2026))
Excelsior; public infrastructure reconstruction funding provided, bonds issued, and money appropriated.
Related bill: SF1236
AI Generated Summary
Purpose
- This bill authorizes the state to fund a street and public infrastructure reconstruction project in the city of Excelsior by providing a grant paid for with bonds.
Main Provisions
- Appropriation and project scope:
- The bill appropriates 13,287,000 dollars from the bond proceeds fund to the Public Facilities Authority.
- The money is for a grant to the city of Excelsior to reconstruct streets and replace publicly owned infrastructure, including predesign, design engineering, acquisition of right-of-way, construction, and related improvements or upgrades.
- The work covers water mains, storm sewers, sanitary sewers, curb and gutter, and other related infrastructure, in line with the city's Pavement Management Plan.
- Any amounts the city spends on the project before the effective date of this section count toward the nonstate match.
- Bonding and financing:
- The Commissioner of Management and Budget must sell and issue bonds up to 13,287,000 dollars to fund this appropriation.
- Bond issuance follows the terms and effects described in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI sections 4 to 7.
Significance and Changes to Law
- Creates a new capital investment appropriation specifically for Excelsior’s street and public infrastructure, funded by state bond proceeds.
- Establishes a state bonding process for this project and references existing bonding statutes and constitutional provisions.
- Specifies that the project must align with the city’s Pavement Management Plan and counts preexisting expenditures toward the nonstate match, affecting how nonstate funds are credited.
Scope and Impact
- Geographic focus: city of Excelsior.
- Infrastructure focus: streets, water main, storm sewer, sanitary sewer, curb and gutter, and related publicly owned infrastructure.
- Financial impact: authorizes debt issuance and creates a state grant to support local infrastructure improvements.
Timeline and Oversight (implicit)
- The project would proceed under state bond funding and project requirements, with oversight by the Public Facilities Authority and approval under existing bonding statutes and the state constitution.
Relevant Terms - Public Facilities Authority - Excelsior - street reconstruction - publicly owned infrastructure - water main - storm sewer - sanitary sewer - curb and gutter - Pavement Management Plan - nonstate match - bond proceeds fund - bond sale / bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 13, 2025 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill states that the bond sale is to be conducted in the manner prescribed by Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "Minnesota Statutes sections 16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee