SF838 (Legislative Session 94 (2025-2026))
Russell water and sewer infrastructure and street reconstruction bond issue and appropriation
Related bill: HF612
AI Generated Summary
- Purpose
To fund improvements to Russell’s water, sewer, and street infrastructure by providing a grant to the city, financed through state bond proceeds.
Main Provisions
Subdivision 1 – Appropriation:
- An amount of 4,000,000 is appropriated from the bond proceeds fund.
- This money goes to the Public Facilities Authority as a grant to the city of Russell.
- The grant is to design, construct, and equip replacement of aging and failing municipal infrastructure.
- Projects funded include: water distribution system improvements, sanitary sewer system improvements, storm sewer system improvements, and reconstruction of city streets.
Subdivision 2 – Bond Sale:
- To provide the funds, the commissioner of management and budget must sell and issue state bonds up to 4,000,000.
- Bond sale 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.
Financing Details and Process
Funding source: bond proceeds fund.
Recipient and governance: Public Facilities Authority provides the grant to the city of Russell.
Financial mechanism: issuance of state bonds up to 4,000,000.
Legal authorities cited: Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI, sections 4 to 7.
Significance and Impact
Provides a dedicated, state-backed financing package to modernize essential municipal infrastructure in Russell.
Aims to improve drinking water reliability, sewer services, stormwater management, and street conditions.
Represents a targeted capital investment project funded via bonds, adding to existing water, sewer, and street infrastructure programs.
How it changes current law (summary)
Establishes a new specific appropriation of 4,000,000 from the bond proceeds fund for Russell infrastructure.
Creates authorization for the state to issue bonds up to 4,000,000 to finance this project.
Ties the funding to requirements and processes in the cited Minnesota statutes and constitution.
Relevant Terms Public Facilities Authority; grant; city of Russell; design, construct, and equip; aging and failing municipal infrastructure; water distribution system; sanitary sewer system; storm sewer system; streets reconstruction; bond proceeds fund; bonds; bond sale; commissioner of management and budget; Minnesota Statutes sections 16A.631 to 16A.675; Minnesota Constitution article XI sections 4 to 7.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 30, 2025 | Senate | Action | Introduction and first reading | ||
| January 30, 2025 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill provides for the sale of state bonds to fund Russell water infrastructure and street reconstruction and states that the bond sale shall be conducted in accordance with Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]