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HF4254 (Legislative Session 94 (2025-2026))

Medford; maintenance facility funding provided, bonds issued, and money appropriated.

Related bill: SF4391

AI Generated Summary

Purpose

  • To provide funding for a new maintenance facility in the city of Medford by using state bond money and creating a related bond issuance process.

Main Provisions

  • Subdivision 1 – Appropriation: An amount of 350,000 from the bond proceeds fund is appropriated to the commissioner of employment and economic development (DEED) as a grant to the city of Medford. The funds are for predesign, design, construction, furnishing, and equipping a maintenance facility in Medford.
  • Subdivision 2 – Bond sale: To raise the money, the commissioner of management and budget shall sell and issue state bonds in an amount up to 350,000. Bond issuance will follow the terms and effects described in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.

Funding and Bonds

  • The money for the project comes from the bond proceeds fund.
  • Bond issuance is authorized up to 350,000.
  • Bond sale must follow Minnesota Statutes 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.

Agencies Involved

  • Commissioner of Employment and Economic Development (DEED)
  • City of Medford
  • Commissioner of Management and Budget

Significance and Context

  • This is a capital investment project aimed at creating or upgrading a maintenance facility in Medford.
  • The plan uses standard state bonding procedures to finance the project, aligning with existing legal frameworks for bond proceeds and capital investments.

Relevant Changes to Law

  • Establishes an appropriation and authorizes the sale of state bonds specifically for this Medford maintenance facility project. No other statutory changes are described beyond enabling this funding and bond issuance under the cited statutes and constitutional provisions.

Terminology Notes (for clarity)

  • bond proceeds fund
  • grant
  • Medford
  • maintenance facility
  • predesign
  • design
  • construct
  • furnish
  • equip
  • state bonds
  • bond sale
  • 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

Relevant Terms

  • bond proceeds fund
  • grant
  • Medford
  • maintenance facility
  • predesign
  • design
  • construct
  • furnish
  • equip
  • state bonds
  • bond sale
  • 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
March 12, 2026HouseActionIntroduction and first reading, referred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill authorizes the sale and issuance of state bonds to fund a Medford maintenance facility, referencing Minnesota Statutes sections 16A.631 to 16A.675 as the governing bond-sale provisions.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

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