SF3620
Lonsdale clean water infrastructure bond issue and appropriation
Legislative Session 94 (2025-2026)
Related bill: HF3417
AI Generated Summary
Purpose
This bill authorizes a capital investment to fund clean water infrastructure in the city of Lonsdale and authorizes the sale and issuance of state bonds to pay for it.
Main Provisions
- Section: Lonsdale Water Tower and Water Main
- Subdivision 1 (Appropriation): The amount of 4,851,000 is appropriated from the bond proceeds fund to the Public Facilities Authority. The funds are for a grant to the city of Lonsdale to design, construct, furnish, and equip a new water tower and a looping water main in the city.
- Subdivision 2 (Bond sale): The commissioner of management and budget must sell and issue state bonds up to 4,851,000 to provide the money for the appropriation. This sale must follow the terms of Minnesota law (statutes 16A.631 to 16A.675) and the Minnesota Constitution (article XI, sections 4 to 7).
Financing and Bond Issuance
- Source of funds: bond proceeds fund
- Recipient and purpose: Public Facilities Authority provides a grant to the city of Lonsdale to support the water tower and water main project
- Project scope: design, construct, furnish, and equip a new water tower and a looping water main
- Bond authorization: up to 4,851,000
- Legal framework: Minnesota statutes 16A.631–16A.675 and Minnesota Constitution article XI, sections 4–7
Project Scope and Impact
- Targeted infrastructure improvement for clean water in Lonsdale
- Project components: a new water tower and a looping water main to enhance water supply reliability and system resilience
Significance and Changes
- Creates targeted state financial support for a municipal water project
- Uses debt financing (state bonds) to fund the project through the bond proceeds fund
- Establishes a formal process for approving and issuing the necessary bonds under existing state law
Relevant Terms
bond proceeds fund, Public Facilities Authority, grant, city of Lonsdale, water tower, water main looping, design, construct, furnish, equip, capital investment, clean water infrastructure, bond sale, sale and issue bonds, 4,851,000, Minnesota Statutes 16A.631 to 16A.675, Minnesota Constitution article XI sections 4 to 7
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 17, 2026 | Senate | Action | Introduction and first reading | ||
| February 17, 2026 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill appropriates bond proceeds and authorizes the sale of state bonds in accordance with Minnesota Statutes sections 16A.631 to 16A.675 for funding a water infrastructure project in Lonsdale.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]Progress through the legislative process
In Committee