HF2530 (Legislative Session 94 (2025-2026))
Long Lake; street and utility improvements funding provided, bonds issued, and money appropriated.
Related bill: SF3125
AI Generated Summary
Purpose of the Bill
The bill aims to provide financial support for necessary infrastructure improvements in the city of Long Lake, Minnesota. Specifically, it focuses on fixing and updating the city's essential utilities and road infrastructure.
Main Provisions
Funding Allocation: The bill appropriates $11,700,000 from the bond proceeds fund for the city of Long Lake. This funding is designated as a grant via the Public Facilities Authority.
Infrastructure Improvements: The allocated funds will be used for the pre-design, design, construction, reconstruction, and equipping of updates and repairs to aging and failing sanitary sewer systems, water mains, and storm sewer infrastructure. It also includes street reconstruction along and adjacent to Grand Avenue in Long Lake.
Bond Sale Authorization: The bill authorizes the state commissioner of management and budget to sell and issue bonds worth up to $11,700,000. This process is governed by specific Minnesota Statutes and sections of the Minnesota Constitution.
Significant Changes to Existing Law
The bill introduces a specific financial allocation for Long Lake's infrastructure projects, involving the use and issuance of state bonds to cover the expenses. This represents a targeted capital investment, facilitating necessary utility upgrades and street repairs in a specified urban area.
Relevant Terms
- Capital investment
- Bond proceeds fund
- Public Facilities Authority
- Sanitary sewer
- Water main
- Storm sewer
- Infrastructure improvements
- Street reconstruction
- Bond sale and issuance
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
March 19, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |