HF866 (Legislative Session 94 (2025-2026))
Slayton; 34th Street reconstruction funding provided, bonds issued, and money appropriated.
Related bill: SF338
AI Generated Summary
Purpose
- Authorizes funding and debt authority to reconstruct 34th Street in Slayton, from Juniper Avenue to 160th Avenue.
- Provides a grant from the state to the City of Slayton to pay for predesign, design, engineering, construction, and equipment for the project.
- Uses state bond financing to fund the project.
Key Provisions
- Subdivision 1 – Appropriation: $2,500,000 is appropriated from the bond proceeds fund to the commissioner of transportation as a grant to the City of Slayton. The funds are meant to cover predesign, design, engineering, construction, and equipment for the reconstruction of 34th Street.
- Subdivision 2 – Bond Sale: To provide the money, the commissioner of management and budget shall sell and issue state bonds up to $2,500,000 under the specified statutory and constitutional framework (Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7).
Effects on Law and Financing
- Creates a targeted appropriation for a local infrastructure project and ties it to state debt financing.
- Requires the state to issue bonds up to $2,500,000 to fund the grant, following existing bond sale procedures and constitutional provisions.
- No broad changes to general law are enacted; the bill uses existing bond issuance processes to finance a specific local project.
Geographic and Entity Scope
- Geographic scope: City of Slayton, Minnesota, for 34th Street reconstruction from Juniper Avenue to 160th Avenue.
- Participating entities: City of Slayton; state agencies including the commissioner of transportation and the commissioner of management and budget.
Summary of What It Seeks to Accomplish
- Facilitate the reconstruction of a city street by providing a state grant funded through a bond issuance, enabling predesign, design, engineering, construction, and equipment for the project.
Relevant Terms - appropriation - bond proceeds fund - grant - City of Slayton - 34th Street reconstruction - Juniper Avenue - 160th Avenue - predesign - design - engineer - construct - equip - bond sale - bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7 - commissioner of transportation - commissioner of management and budget - capital investment - Slayton infrastructure
Past committee meetings
- Capital Investment on: April 10, 2025 10:15
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 17, 2025 | House | Action | Introduction and first reading, referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill references Minnesota Statutes sections 16A.631 to 16A.675 as the authority for selling and issuing state bonds to fund the Slayton 34th Street reconstruction.",
"modified": []
},
"citation": "Minnesota Statutes 16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee