SF1467 (Legislative Session 94 (2025-2026))

Ramsey clean water infrastructure bond issue and appropriation

Related bill: HF2637

AI Generated Summary

Purpose

This bill would provide funding to improve clean water infrastructure in Ramsey. It allocates money from state bonds to help build a new Ramsey water treatment facility and upgrade the trunk water main, with the goal of removing manganese and iron from the city’s drinking water. It also authorizes the state to sell bonds to raise the necessary funds.

Main provisions

  • Appropriation: $6,800,000 is appropriated from the bond proceeds fund to the Public Facilities Authority to grant to the city of Ramsey. The grant is for constructing a new water treatment facility and making trunk water main improvements to remove manganese and iron from Ramsey’s water supply.
  • Bond sale: The commissioner of management and budget must sell and issue state bonds up to $6,800,000 to fund the appropriation. The bond sale must follow the terms and effects described in Minnesota law (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).
  • Section coverage: The provisions are grouped under Section 1, with Subdivision 1 detailing the appropriation and Subdivision 2 detailing the bond sale.

Significant changes to existing law

  • Introduces a new capital investment funding action specifically for Ramsey’s clean water infrastructure, creating a state-backed financing mechanism (bond issuance) to support a local water project.
  • Uses the bond proceeds fund and the Public Facilities Authority to provide a grant to a city for a water infrastructure project, aligning with existing bond sale processes and statutory framework for debt issuance.

Funding and financial details

  • Amount: 6,800,000 dollars.
  • Source: Bond proceeds fund.
  • Recipient: Public Facilities Authority, for a grant to the city of Ramsey.
  • Financing method: Sale and issuance of state bonds up to 6,800,000 dollars, under specified statutory and constitutional rules.

Relevant Terms - Ramsey water treatment facility - trunk water main - manganese - iron - bond proceeds fund - Public Facilities Authority - grant to the city of Ramsey - appropriation - bond sale / bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI (sections 4–7) - clean water infrastructure - capital investment

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 17, 2025SenateActionIntroduction and first reading
February 17, 2025SenateActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This act authorizes the sale of state bonds under Minn. Stat. §§ 16A.631 to 16A.675 to fund a grant from the bond proceeds fund to the city of Ramsey for a new water treatment facility and trunk water main improvements.",
      "modified": []
    },
    "citation": "Minnesota Statutes sections 16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee
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