SF2783 (Legislative Session 94 (2025-2026))
City of International Falls water treatment facility capital improvements bond issuance and appropriation
Related bill: HF2365
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to provide financial resources for capital improvements to the water treatment facility in the city of International Falls, Minnesota. This includes funding through the sale and issuance of state bonds.
Main Provisions
Appropriation of Funds: The bill allocates $4,800,000 from the bond proceeds fund. This money is designated for the Public Facilities Authority to grant to the city of International Falls.
Facility Improvements: The funding is intended for the construction, renovation, furnishing, and equipping of the water treatment facility. The improvements focus on expanding the facility, rehabilitating and replacing old and failing infrastructure, and implementing necessary security upgrades.
Infrastructure Enhancements: Additional site improvements will be made to support ongoing operations at the facility.
Significant Changes to Existing Law
- Bond Issuance: The bill authorizes the sale and issuance of state bonds up to $4,800,000. This aligns with the financial procedures outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI, sections 4 to 7. These bonds will provide the necessary funding for the improvements to the water treatment facility.
Relevant Terms
capital investment, appropriations, water treatment facility, International Falls, state bonds, infrastructure improvements, Public Facilities Authority, renovation, security upgrades, bond proceeds fund
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 19, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 19, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Include procedures for the sale and issue of bonds to fund public facility improvements."
],
"removed": [],
"summary": "This bill authorizes the sale and issuance of state bonds as per the procedures and requirements outlined in Minnesota Statutes sections 16A.631 to 16A.675.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]