HF2788 (Legislative Session 94 (2025-2026))
Loretto; stormwater pond improvements funding provided, bonds issued, and money appropriated.
AI Generated Summary
Purpose of the Bill
The bill aims to allocate funds for improving stormwater ponds in the city of Loretto, Minnesota. The goal is to enhance water quality through specific enhancement activities.
Main Provisions
- Funding Allocation: The bill proposes an appropriation of $500,000 for the commissioner of natural resources. This will fund a grant to the city of Loretto specifically for stormwater pond improvements.
- Activities Funded: The improvements will include predesign, design, engineering, dredging, and the removal and disposal of sediment from stormwater ponds.
Significant Changes
- Bond Issuance: To facilitate this funding, the state will sell and issue bonds amounting to $500,000. These bonds will be managed by the commissioner of management and budget in accordance with Minnesota's statutes and constitutional regulations regarding state bonds.
Relevant Terms
- Stormwater pond
- Appropriation
- Bond proceeds
- Capital improvements
- Water quality
- Sediment removal
- State bonds
Bill text versions
- Introduction PDF file
Past committee meetings
- Capital Investment on: April 30, 2025 09:00
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 25, 2025 | House | Floor | Action | Introduction and first reading, referred to | Capital Investment |