HF404

Purpose

• This bill authorizes the state to fund a street and public infrastructure reconstruction project in the city of Excelsior by providing a grant paid for with bonds.

Main Provisions

• Appropriation and project scope:
  • The bill appropriates 13,287,000 dollars from the bond proceeds fund to the Public Facilities Authority.
  • The money is for a grant to the city of Excelsior to reconstruct streets and replace publicly owned infrastructure, including predesign, design engineering, acquisition of right-of-way, construction, and related improvements or upgrades.
  • The work covers water mains, storm sewers, sanitary sewers, curb and gutter, and other related infrastructure, in line with the city's Pavement Management Plan.
  • Any amounts the city spends on the project before the effective date of this section count toward the nonstate match.
• Bonding and financing:
  • The Commissioner of Management and Budget must sell and issue bonds up to 13,287,000 dollars to fund this appropriation.
  • Bond issuance follows the terms and effects described in Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI sections 4 to 7.

Significance and Changes to Law

• Creates a new capital investment appropriation specifically for Excelsior’s street and public infrastructure, funded by state bond proceeds.
• Establishes a state bonding process for this project and references existing bonding statutes and constitutional provisions.
• Specifies that the project must align with the city’s Pavement Management Plan and counts preexisting expenditures toward the nonstate match, affecting how nonstate funds are credited.

Scope and Impact

• Geographic focus: city of Excelsior.
• Infrastructure focus: streets, water main, storm sewer, sanitary sewer, curb and gutter, and related publicly owned infrastructure.
• Financial impact: authorizes debt issuance and creates a state grant to support local infrastructure improvements.

Timeline and Oversight (implicit)

• The project would proceed under state bond funding and project requirements, with oversight by the Public Facilities Authority and approval under existing bonding statutes and the state constitution.

Relevant Terms - Public Facilities Authority - Excelsior - street reconstruction - publicly owned infrastructure - water main - storm sewer - sanitary sewer - curb and gutter - Pavement Management Plan - nonstate match - bond proceeds fund - bond sale / bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7