SF382 (Legislative Session 94 (2025-2026))

Dayton water tower bond issue and appropriation

Related bill: HF315

AI Generated Summary

Senate File No. 382 is a legislative bill introduced by the Minnesota state government. It proposes to allocate $3,000,000 from the state's bond proceeds fund to the Public Facilities Authority. This money will be granted to the city of Dayton for the purposes of purchasing land and handling the predesign, design, and construction of a new water tower. The aim of the new water tower is to enhance water storage capacity and maintain sufficient water pressure for firefighting and other needs for Dayton residents. To fund this appropriation, the bill authorizes the commissioner of management and budget to issue and sell state bonds up to the sum of $3,000,000. The issuance and sale of these bonds must comply with specific statutory and constitutional requirements set forth by the state of Minnesota.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 20, 2025SenateFloorActionIntroduction and first reading
January 20, 2025SenateFloorActionReferred toCapital Investment

Citations

 
[
  {
    "analysis": {
      "added": [
        "Incorporates a bond issuance for funding water tower construction."
      ],
      "removed": [],
      "summary": "This bill authorizes the sale and issuance of state bonds under the guidelines provided in sections 16A.631 to 16A.675.",
      "modified": [
        "Aligns bond sale procedures with existing statutory guidelines."
      ]
    },
    "citation": "16A.631 to 16A.675"
  }
]