SF138

SF138 (Legislative Session 94 (2025-2026))

Proctor utility extensions and upgrades for marked Interstate 35 commercial development bond issue and appropriation

Related bill: HF584

AI Generated Summary

The bill, designated as SF No. 138, proposes to allocate $3,500,000 from state bond proceeds to assist the city of Proctor, Minnesota. This funding is intended for the planning, design, and construction of water, sewer, and electrical utility extensions and upgrades. Specifically, the utilities will be extended from Ugstad Road across Interstate Highway 35, and along the frontage road up to 2nd Street, to support commercial development in the area. The bill also authorizes the selling and issuing of state bonds to finance this appropriation. Importantly, this funding does not require matching funds from non-state sources.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
January 15, 2025	Senate	Floor	Action	Introduction and first reading
January 15, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references the existing statutory procedure under section 16A.631 used for the sale and issuance of state bonds.",
      "modified": []
    },
    "citation": "16A.631"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill includes procedures and terms for state bond sales and issuance as prescribed by section 16A.675.",
      "modified": []
    },
    "citation": "16A.675"
  }
]