HF2530

HF2530 (Legislative Session 94 (2025-2026))

Long Lake; street and utility improvements funding provided, bonds issued, and money appropriated.

Related bill: SF3125

AI Generated Summary

Purpose of the Bill

The bill aims to provide financial support for necessary infrastructure improvements in the city of Long Lake, Minnesota. This involves upgrading the city's street and utility systems to address aging infrastructure.

Main Provisions

Appropriation of Funds: The bill allocates $11,700,000 from the bond proceeds fund. This money is designated for a grant to the city of Long Lake.
Infrastructure Improvements: The grant will be used to predesign, design, construct, reconstruct, and equip the repair and replacement of deteriorating sanitary sewer, water main, and storm sewer infrastructure. This also includes the associated reconstruction of streets along and near Grand Avenue in Long Lake.
Bond Sales: To fund these improvements, the Commissioner of Management and Budget is authorized to sell and issue state bonds totalling up to $11,700,000.

Significant Changes to Existing Law

The bill authorizes the sale and issuance of additional state bonds specifically earmarked for infrastructure improvements in Long Lake. This involves the allocation of state funds through a bond sale process, adhering to existing Minnesota statutes and constitutional provisions related to capital investment.

Relevant Terms

Capital investment
Infrastructure improvements
Sanitary sewer
Water main
Storm sewer
State bonds
Bond proceeds fund
Grand Avenue in Long Lake

Bill text versions

Introduction PDF file

Past committee meetings

Capital Investment on: April 03, 2025 10:15

Actions

Date	Chamber	Where	Type	Name	Committee Name
March 19, 2025	House	Floor	Action	Introduction and first reading, referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [
        "Proposes a specific bond issuance for Long Lake city improvements."
      ],
      "removed": [],
      "summary": "This bill involves the sale and issuance of bonds as guided by Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675"
  }
]