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SF3263 (Legislative Session 94 (2025-2026))

Hendrum road improvements bond issue and appropriation

Related bill: HF3145

AI Generated Summary

Purpose of the Bill

The purpose of the bill is to provide funding for road improvements in the city of Hendrum, Minnesota. This is part of a broader effort to maintain and upgrade local infrastructure.

Main Provisions

  • Funding Allocation: The bill allocates $2,000,000 from the bond proceeds account within the state transportation fund for the city of Hendrum.
  • Use of Funds: The allocated funds are designated for local road improvements, including paving gravel streets, rehabilitating asphalt, and reconstructing damaged roads.
  • Grant Management: The funds will be managed by the commissioner of transportation and provided as a grant to the city.

Bond Sale Authorization

  • The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $2,000,000. This is necessary to finance the appropriation mentioned for road improvements.
  • The sale and issuance of these bonds will follow the conditions and terms set by Minnesota statutes and the state constitution.

Relevant Terms

  • Capital investment
  • State bonds
  • Road improvements
  • Gravel streets paving
  • Asphalt rehabilitation
  • Commissioner of transportation
  • Commissioner of management and budget

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
April 02, 2025SenateFloorActionIntroduction and first reading
April 02, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Funding specifically earmarked for paving gravel streets, rehabilitating asphalt, and reconstructing damaged roads."
      ],
      "removed": [
        ""
      ],
      "summary": "Appropriation of funds for road improvements in Hendrum as outlined in section 174.50 of Minnesota Statutes.",
      "modified": [
        ""
      ]
    },
    "citation": "174.50",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "Bond issuance for the project is guided by sections 16A.631 to 16A.675 of Minnesota Statutes.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "Bond issuance for the project is guided by sections 16A.631 to 16A.675 of Minnesota Statutes.",
      "modified": [
        ""
      ]
    },
    "citation": "16A.675",
    "subdivision": ""
  }
]

Sponsors