HF490 (Legislative Session 94 (2025-2026))

Alexandria Lake Area Sanitary District funding provided, bonds issued, and money appropriated.

Related bill: SF779

AI Generated Summary

Purpose

This bill would provide state funding to upgrade and expand a regional water facility in the Alexandria Lake Area Sanitary District (ALASD). It would authorize the sale of up to $25 million in state bonds to finance a grant to ALASD for Phase One improvements, including design, engineering, construction, and equipment upgrades to the ALASD regional water reclamation facility.

Main Provisions

  • Appropriation of $25,000,000 from the bond proceeds fund to the Public Facilities Authority (PFA) as a grant to ALASD. The purpose is for ALASD to design, engineer, construct, and equip Phase One improvements and upgrades to its regional water reclamation facility.
  • Bond authorization. The commissioner of management and budget must sell and issue state bonds in an amount up to $25,000,000 to finance the appropriation, under the terms and effects described by Minnesota law (Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Financing and Implementation Details

  • Source of funds: Bond proceeds fund.
  • Responsible entities: Public Facilities Authority receives the appropriation; the Commissioner of Management and Budget oversees the sale and issuance of the bonds.
  • Legal framework: Bond issuance and use are to follow existing Minnesota statutes and constitutional provisions cited in the bill.

Significant Changes to Existing Law

  • Creates a new appropriation of $25,000,000 from the bond proceeds fund for ALASD and authorizes the state to issue up to $25,000,000 in bonds to finance this grant.
  • This represents an addition to capital investment funding for ALASD's regional water reclamation facility and relies on existing bond-related statutes and constitutional provisions for issuance and repayment; there are no other statutory changes noted in the text.

Implementation Timeline (Notes)

  • The bill outlines funding and bond issuance processes but does not specify a project timeline or start date for Phase One.

Relevant Terms - Alexandria Lake Area Sanitary District (ALASD) - Public Facilities Authority (PFA) - regional water reclamation facility - Phase One improvements and upgrades - design, engineer, construct, and equip - bond proceeds fund - bonds / bond sale - Commissioner of Management and Budget - Minnesota Statutes sections 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 references Minnesota Statutes sections 16A.631 to 16A.675 as the authority for issuing state bonds to fund an appropriation for the Alexandria Lake Area Sanitary District project.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": "Subd.2"
  }
]

Progress through the legislative process

17%
In Committee
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