HF458 (Legislative Session 94 (2025-2026))

Henderson; new water treatment facility funding provided, bonds issued, and money appropriated.

Related bill: SF166

AI Generated Summary

Purpose

This bill provides state funding to support a new water treatment facility in the city of Henderson. It aims to improve the city’s water system by financing design and construction of the facility and its connection to the existing well and water distribution system.

Main Provisions

  • Subdivision 1 – Appropriation: The bill appropriates $3,000,000 from the bond proceeds fund to the Public Facilities Authority as a grant to the city of Henderson for designing and constructing a new water treatment facility and connecting it to the current well and water distribution system.
  • Subdivision 2 – Bond Sale: To finance the appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to $3,000,000. This bond issuance must 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 Financing Details

  • Source of funds: The bond proceeds fund is used to provide the grant to Henderson.
  • Recipient and purpose: The Public Facilities Authority makes the grant to the city of Henderson for the design and construction of a new water treatment facility and its connection to the existing water system.
  • Financing mechanism: The money is raised through the sale of state bonds (up to $3,000,000) by the Commissioner of Management and Budget, in accordance with specified state statutes and constitutional provisions.

Significant Changes to Existing Law

  • Introduces a new capital investment appropriation targeting Henderson’s water infrastructure project.
  • Establishes authorization for up to $3,000,000 in state bond issuance to fund the project.
  • Specifies funding and approval process through the Public Facilities Authority and bond sale under existing Minnesota statutes and constitutional rules.

Impact and Practical Effect

  • Henderson will receive a financial grant to design and build a new water treatment facility and link it to the existing water system.
  • The project will be financed through the sale of state bonds, with the bond proceeds fund and related statutory provisions guiding the process.

Relevant Terms - bond proceeds fund - Public Facilities Authority - grant - city of Henderson - design and construction - water treatment facility - existing well - water distribution system - bond sale - sale and issuance of bonds - Commissioner of Management and Budget - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7 - capital investment

Bill text versions

Actions

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

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references Minnesota Statutes sections 16A.631 to 16A.675 as the authority for selling and issuing state bonds to finance the Henderson water treatment facility project.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill also references the Minnesota Constitution, Article XI, sections 4 to 7, as the constitutional basis for issuing state bonds.",
      "modified": []
    },
    "citation": "Minnesota Constitution Article XI, sections 4 to 7",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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