SF1153

City of Golden Valley new fire station phase II bond issuance and appropriation
Legislative Session 94 (2025-2026)

Related bill: HF207

AI Generated Summary

Purpose

The bill provides funding through a state bond-backed appropriation to support Phase II of constructing and equipping a new Golden Valley fire station. It authorizes a grant to the city of Golden Valley for building, outfitting, and furnishing the station, and to include space for regional response training and related site improvements. This is intended to advance the Phase II portion of the project and adds to prior funding already provided in a 2023 appropriation.

Main provisions

  • Appropriation of 6,300,000 from the bond proceeds fund to the commissioner of public safety. The money is to be granted to the city of Golden Valley to:
    • construct, equip, and furnish a new fire station
    • provide space for regional response training opportunities
    • complete other related site improvements
  • This appropriation constitutes Phase II of the project and is in addition to an earlier appropriation established in Laws 2023 chapter 71 article 1, section 9, subdivision 9.
  • Bond financing authority:
    • The commissioner of management and budget shall sell and issue state bonds in an amount up to 6,300,000 to finance this appropriation.
    • Bond issuance must follow the terms and effects prescribed by Minnesota Statutes sections 16A.631 to 16A.675 and by the Minnesota Constitution article XI sections 4 to 7.

Financing and administration

  • Source of funds: bond proceeds fund
  • Recipient: city of Golden Valley, via a grant administered by the commissioner of public safety
  • Use of funds: construction, equipment, furnishing, regional training space, and associated site improvements for the fire station
  • Legal framework: bond issuance governed by specified Minnesota statutes and constitutional provisions

Relationship to existing law

  • This is supplemental to and in addition to the prior appropriation for the project established in Laws 2023 chapter 71 article 1, section 9, subdivision 9.

Potential implications

  • Increases state bond debt to finance local infrastructure (fire station) and regional training capabilities.
  • Expands state support for fire/emergency services facilities in Golden Valley.

Significance

  • Establishes a new Phase II funding milestone for a local fire station project, with formal bond financing and alignment to statutory and constitutional borrowing rules.

Relevant Terms - Golden Valley - fire station - Phase II - appropriation - grant - city of Golden Valley - construction - equipment - furnishing - regional response training opportunities - site improvements - bond proceeds fund - commissioner of public safety - commissioner of management and budget - bond sale / state bonds - Laws 2023 chapter 71 article 1 section 9 subdivision 9 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution article XI sections 4 to 7

Bill text versions

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Actions

DateChamberWhereTypeNameCommittee Name
February 10, 2025SenateActionIntroduction and first reading
February 10, 2025SenateActionReferred toCapital Investment
SenateActionSee
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Citations

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Progress through the legislative process

17%
In Committee

Sponsors

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