HF1711

Purpose of the Bill

The purpose of this bill is to allocate funds for street improvement projects in the city of Mapleton, Minnesota. It aims to financially support the design and construction of infrastructure enhancements that are vital to the city's public infrastructure.

Main Provisions

• Appropriation of Funds: The bill proposes an appropriation of $1,950,000 from the bond proceeds fund. This grant will be provided to the city of Mapleton specifically for improving Borchert Street SE and 8th Avenue SE.
• Project Specifications: The funds will cover costs associated with designing and constructing infrastructure improvements. This includes necessary right-of-way acquisition and street reconstruction.
• Bond Sales: To facilitate the appropriation, the commissioner of management and budget is authorized to sell and issue state bonds up to the amount of $1,950,000. The issuance and sale of these bonds will follow the existing legal procedures and requirements outlined in Minnesota state laws and the state constitution.

Significant Changes

The bill introduces a specific financial allocation for infrastructure projects in Mapleton, which would be supported through the sale of state bonds. This is a targeted investment for public infrastructure improvement, contributing to the development and maintenance of city streets.

Relevant Terms

• Capital investment
• State bonds
• Infrastructure improvements
• Appropriation
• Street reconstruction
• Bond proceeds fund
• Right-of-way acquisition