SF218 (Legislative Session 94 (2025-2026))
Waseca clean water infrastructure bond issue and appropriation
Related bill: HF426
AI Generated Summary
Purpose
This bill provides capital investment funding to support clean water infrastructure in the city of Waseca. It authorizes a grant to help the city acquire land or permanent easements and to predesign, survey, and design a new water tower. The funding comes from state bonds, and the bill specifies that no nonstate match is required.
Main Provisions
- Subdivision 1 – Appropriation:
- An amount of 1,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority.
- The funds are for a grant to the city of Waseca to acquire land or permanent easements and to predesign, survey, and design a new water tower.
- This appropriation does not require a nonstate match.
- Subdivision 2 – Bond Sale:
- The commissioner of management and budget shall sell and issue bonds of the state up to 1,000,000 to provide the money for the appropriation.
- Bond issuance must follow Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.
Financing and Legal Details
- Funding mechanism: bond proceeds fund, with the money used as a grant to Waseca for the water infrastructure project.
- Legal references: Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI sections 4 to 7.
Significance and Context
- Focus: Improving clean water infrastructure in Waseca by supporting land acquisition/easements and planning for a new water tower.
- Financing: Uses state bonds (up to $1,000,000) and does not require a nonstate match.
- Implementing agency: Public Facilities Authority administers the grant.
What this means in practice
- The city of Waseca would benefit from a funded grant to proceed with land acquisition and design work for a new water tower, financed through state bonds authorized by this bill.
Relevant Terms - capital investment - appropriation - bond proceeds fund - Public Facilities Authority - grant - city of Waseca - land acquisition - permanent easements - predesign - survey - design - water tower - nonstate match - bond sale - commissioner of management and budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 16, 2025 | Senate | Action | Introduction and first reading | ||
| January 16, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "Authorizes borrowing and bond sale consistent with Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee