SF470 (Legislative Session 94 (2025-2026))
City of Kennedy underground water storage tanks bond issuance and appropriation
AI Generated Summary
Senate File No. 470 is a legislative bill proposed in Minnesota that aims to secure funding for the city of Kennedy to replace its underground water storage tanks. The bill proposes to appropriate $500,000 from a bond proceeds fund for the Public Facilities Authority to manage the project. This will include the predesign, design, engineering, and construction of the new water storage tanks. To finance this appropriation, the bill authorizes the state to sell and issue bonds up to the amount of $500,000, as governed by relevant state laws and constitutional provisions.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 21, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 21, 2025 | Senate | Floor | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [
"Authorizes sale of bonds up to $500,000 to fund the water storage project."
],
"removed": [],
"summary": "The bill involves the sale and issuance of state bonds related to capital investment in the city of Kennedy, specifically for the purpose of replacing underground water storage tanks.",
"modified": []
},
"citation": "16A.631 to 16A.675"
}
]Progress through the legislative process
In Committee