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

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 13, 2025HouseActionIntroduction and first reading, referred toCapital 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

17%
In Committee
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