SF2444 (Legislative Session 94 (2025-2026))
City of Cohasset public infrastructure improvements bond issuance and appropriation
Related bill: HF2178
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to fund public infrastructure improvements in the city of Cohasset, Minnesota. Specifically, it seeks to upgrade and extend essential utilities and facilities within the city.
Main Provisions
- Funding Allocation: The bill allocates $2,500,000 from the state's bond proceeds fund. This money is designated for use by the Public Facilities Authority to provide a grant to Cohasset.
Infrastructure Improvements: The grant will be used for several key projects in Cohasset, including:
- Rehabilitation of the city's water tower.
- Extension of the water, sanitary sewer, and storm sewer infrastructure throughout the city.
- Associated street reconstruction needed due to these infrastructure changes.
Bond Sales and Issuance: To raise the necessary funds, the Commissioner of Management and Budget is authorized to sell and issue state bonds worth up to $2,500,000. This process will be conducted following established state statutes and regulations.
Significant Changes
The bill introduces state funding support for specific infrastructure projects in Cohasset through bond issuance. It does not make changes to existing laws directly but facilitates the financial mechanism to support local infrastructure improvements.
Relevant Terms
- Public infrastructure improvements
- Cohasset
- Water tower rehabilitation
- Sewer infrastructure
- State bonds
- Public Facilities Authority
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 12, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 12, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
| March 23, 2025 | Senate | Floor | Action | Chief author stricken | |
| March 23, 2025 | Senate | Floor | Action | Chief author stricken | |
| March 23, 2025 | Senate | Floor | Action | Chief author added |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill authorizes the commissioner of management and budget to sell and issue state bonds for funding the appropriation, in accordance with procedures set out in these sections.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]