Minneslate Logo

SF4563 (Legislative Session 94 (2025-2026))

Town of Silver Creek sanitary sewer infrastructure and street reconstruction appropriation and bond issuance authorization

AI Generated Summary

Purpose

Relates to capital investment in local infrastructure by providing funding for Silver Creek. The bill would authorize a $6,000,000 appropriation from the bond proceeds fund to the Public Facilities Authority to grant money to the town of Silver Creek. The funds are for designing, engineering, and constructing improvements to the town’s sanitary sewer system and would also cover the reconstruction of city streets.

Main Provisions

  • Subdivision 1 — Appropriation: $6,000,000 from the bond proceeds fund is appropriated to the Public Facilities Authority to provide a grant to the town of Silver Creek for planning, design, engineering, and construction of sanitary sewer improvements, including money for street reconstruction.
  • Subdivision 2 — Bond Sale: To fund the appropriation, the Commissioner of Management and Budget must sell and issue state bonds up to $6,000,000, under the terms and effects of Minnesota statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI sections 4 to 7.

What the bill seeks to accomplish

  • Provide funding and financing pathways for a local infrastructure project in Silver Creek.
  • Improve the sanitary sewer system and upgrade local streets through a single grant financed by state bonds.

Significant changes to existing law

  • The bill does not rewrite statutes; it uses existing bond financing mechanisms to create a new appropriation for Silver Creek.
  • It authorizes the state to issue up to $6,000,000 in bonds specifically to fund this grant, and directs administration through the Public Facilities Authority and the Commissioner of Management and Budget, following current statutory and constitutional bond-sale rules.

Financial and administrative details

  • Amount: $6,000,000
  • Source: bond proceeds fund
  • Recipient channel: grant to the town of Silver Creek via the Public Facilities Authority
  • Uses: design, engineering, construction of sanitary sewer improvements; street reconstruction
  • Financing mechanism: sale of state bonds up to $6,000,000 under specified statutes and constitution

Oversight and process

  • The Public Facilities Authority administers the grant.
  • The Commissioner of Management and Budget handles the sale and issuance of the bonds, in compliance with applicable Minnesota statutes and the state constitution.

Geographic and project scope

  • Town: Silver Creek
  • Projects: sanitary sewer infrastructure improvements and related street reconstruction

Related legal framework

  • Minnesota Statutes sections 16A.631 to 16A.675 (bond sale rules)
  • Minnesota Constitution Article XI sections 4 to 7 (bond authorization and issuance framework)

Relevant Terms - bond proceeds fund - Public Facilities Authority - grant - sanitary sewer - street reconstruction - design - engineer / engineering - town of Silver Creek - bond sale / state bonds - Commissioner of Management and Budget - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4-7

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 18, 2026SenateActionIntroduction and first reading
March 18, 2026SenateActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "A $6,000,000 appropriation from the bond proceeds fund to the Public Facilities Authority for design, engineering, and construction improvements to the town's sanitary sewer system and related street reconstruction."
      ],
      "removed": [],
      "summary": "This bill authorizes the sale and issuance of state bonds under Minnesota statutes 16A.631 to 16A.675 to fund an appropriation for Silver Creek sanitary sewer infrastructure and street reconstruction through the Public Facilities Authority.",
      "modified": [
        "The bill relies on existing bonding provisions in Minnesota Statutes sections 16A.631 to 16A.675; no new bonding statutes are created."
      ]
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]

Progress through the legislative process

17%
In Committee

Sponsors

Loading…