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HF602 (Legislative Session 94 (2025-2026))

Stephen; water and sewer infrastructure and street reconstruction improvement funding provided, bonds issued, and money appropriated.

Related bill: SF1378

AI Generated Summary

Purpose

This bill authorizes funding for a capital investment project in the City of Stephen. It provides state money to improve and replace aging water and sewer infrastructure and to reconstruct streets, by granting funds to the Public Facilities Authority to support the City of Stephen. It also authorizes the sale of state bonds to pay for these improvements.

Main Provisions

  • Subdivision 1 — Appropriation

    • An amount of 8,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority.
    • The Public Facilities Authority will provide a grant to the City of Stephen to design, construct, and equip the replacement of aging and failing municipal infrastructure.
    • The appropriation covers improvements to:
    • Water distribution system
    • Sanitary sewer system
    • Storm sewer system
    • Street reconstruction in the city

  • Subdivision 2 — Bond Sale

    • The commissioner of management and budget must sell and issue state bonds in an amount up to 8,000,000 to fund the appropriation.
    • 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.

Significant Changes to Existing Law

  • authorizes a new capital investment appropriation of 8,000,000 for the City of Stephen
  • directs the sale of state bonds up to 8,000,000 to finance the appropriation
  • relies on existing bond statutes and constitutional provisions for issuance and terms
  • designates the Public Facilities Authority as the grant recipient for this project

Notes on Key Elements

  • Recipient: Public Facilities Authority
  • Beneficiary: City of Stephen
  • Projects funded: water distribution, sanitary sewer, storm sewer, street reconstruction
  • Funding source: bond proceeds fund
  • Funding mechanism: grant to the city via the Public Facilities Authority; bonds issued by the state

Relevant Terms

  • Public Facilities Authority
  • City of Stephen
  • grant
  • water distribution system
  • sanitary sewer system
  • storm sewer system
  • street reconstruction
  • aging and failing municipal infrastructure
  • bond proceeds fund
  • bond sale
  • state 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": "Authorizes the sale and issuance of state bonds under Minnesota Statutes sections 16A.631 to 16A.675 to fund Stephen's water and sewer infrastructure and street reconstruction project.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

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