HF2044

Purpose of the Bill

The bill aims to provide funding for the preservation of the historic Forestville bridge located in Fillmore County, Minnesota.

Main Provisions

• Funding Allocation: The bill proposes an appropriation of $3,000,000 from the bond proceeds fund to the commissioner of natural resources.
• Project Scope: The funding will be used to grant Fillmore County the resources necessary to design, engineer, and carry out the rehabilitation and preservation of the Forestville bridge.
• Bond Issuance: To generate the necessary funds, the bill authorizes the state to sell and issue bonds amounting to $3,000,000. This process will adhere to existing statutes and constitutional guidelines concerning state bond sales in Minnesota.

Significant Changes to Existing Law

• The bill initiates new financial actions by authorizing the issuance of state bonds specifically for the historic preservation of the Forestville bridge, aligning with existing state legal frameworks for bond sales.

Relevant Terms

historic preservation, bond issuance, state bonds, capital investment, Forestville bridge, Fillmore County, commissioner of natural resources, rehabilitation, appropriation