SF2223 (Legislative Session 94 (2025-2026))

Monticello water treatment facility bond issue and appropriation

Related bill: HF1748

AI Generated Summary

This bill (S.F. No. 2223) is a capital investment measure that appropriates $10 million from state bond proceeds to the Public Facilities Authority for a grant to the city of Monticello. The funds will be used to design, engineer, construct, furnish, and equip a water treatment facility, including related water utility infrastructure. This appropriation is in addition to a prior appropriation made for the same purpose in 2023. The bill also authorizes the sale and issuance of up to $10 million in state bonds to fund the project, following the provisions outlined in Minnesota Statutes and the state constitution.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 05, 2025HouseFloorActionIntroduction and first reading
March 05, 2025SenateFloorActionIntroduction and first reading
March 05, 2025HouseFloorActionReferred toCapital Investment
March 05, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Authorization for new bond issuance."
      ],
      "removed": [],
      "summary": "This bill outlines the mechanism for the issuance of bonds for capital investment as prescribed by Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675",
    "subdivision": ""
  }
]