SF405

SF405 (Legislative Session 94 (2025-2026))

Fairmont street reconstruction bond issue and appropriation

Related bill: HF1714

AI Generated Summary

Senate File No. 405 is a legislative proposal aimed at funding street reconstruction in Fairmont, Minnesota. It seeks to allocate $10,538,000 from state bonds for the project. This project involves reconstructing Kot Street, extending Fairlakes Avenue, purchasing necessary right-of-way, and updating public utilities and other street infrastructure. To gather these funds, the bill authorizes the sale and issuance of state bonds. The sale of these bonds must comply with specific legal guidelines established by both Minnesota law and the Minnesota Constitution.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
January 20, 2025	House	Floor	Action	Introduction and first reading
January 20, 2025	Senate	Floor	Action	Introduction and first reading
January 20, 2025	House	Floor	Action	Referred to	Capital Investment
January 20, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section discusses the exemption of an appropriation for street reconstruction in Fairmont from certain statutory requirements.",
      "modified": []
    },
    "citation": "16A.86",
    "subdivision": "subdivision 4"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section relates to the management and budgeting of bond sales for state funds, as referenced in the Fairmont street reconstruction project.",
      "modified": []
    },
    "citation": "16A.631",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section is referenced to dictate the terms and conditions under which state bonds are sold and issued for the Fairmont street reconstruction.",
      "modified": []
    },
    "citation": "16A.675",
    "subdivision": ""
  }
]