Purpose

To provide funding and authority for Medford to build a new fire station. The bill would give a grant to the city of Medford to buy property and to begin planning and design work for the fire station, and it would authorize the state to issue bonds to pay for this project.

Key Provisions

• Subdivision 1 – Appropriation: $400,000 from the bond proceeds fund is appropriated to the commissioner of public safety as a grant to the city of Medford to acquire property and to predesign and design the fire station.
• Subdivision 2 – Bond sale: The money appropriated will be funded by selling and issuing state bonds up to $400,000. The bond sale will follow the terms and effects required by Minnesota law (statutes 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).
• This section is labeled as part of a capital investment project.

Financing and Bonding Details

• The funding mechanism uses the bond proceeds fund, meaning the project is financed through state bonds rather than current-year appropriations.
• The bond sale will be conducted by the commissioner of management and budget under the applicable Minnesota statutes and constitutional provisions.
• The project scope covered by this funding includes property acquisition and early design work (predesign and design) for a Medford fire station.

Relationship to Existing Law

• The bill aligns with existing state bonding processes and debt authority, referencing Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI, sections 4 to 7.

Impact and Significance

• Local impact: Enables the city of Medford to move forward with acquiring land and planning facilities for a new or upgraded fire station.
• State impact: Creates a small new state debt obligation up to $400,000 to support this local capital project.

Significant Changes to Law

• Establishes a new appropriation and bond authority specifically for Medford’s fire station project, funded via the bond proceeds fund and supported by state bonds.

Practical Takeaway

• If enacted, Medford would receive a $400,000 grant for property acquisition and initial design work for a fire station, with the state issuing up to $400,000 in bonds to cover the cost.

Relevant Terms - appropriation - grant - city of Medford - fire station - acquire property - predesign - design - bond proceeds fund - bonds - sale and issue bonds - commissioner of public safety - commissioner of management and budget - Minnesota Statutes sections 16A.631 to 16A.675 - Minnesota Constitution Article XI sections 4 to 7 - capital investment - state bonds - Medford fire station project