SF5160

Purpose

• Authorize state funding to help upgrade Redwood Falls Municipal Airport. The bill would provide a grant from the state to the city for designing, constructing, and equipping airport improvements.

Main Provisions

• Subdivision 1 – Appropriation:

  • The state bond proceeds fund would provide 3,386,000 to the commissioner of transportation.
  • This funding is for a grant to the city of Redwood Falls to design, construct, and equip improvements at the airport.
  • Improvements include: reconstruction of the aircraft parking ramp and the parallel taxiway to Runways 12 and 30; milling and overlay work; and installation of a stormwater management system.
  • Improvements are aligned with the Airport Layout Plan.
  • The grant is exempt from certain standard state requirements listed in statute (see exemptions).

• Subdivision 2 – Bond sale:

  • The commissioner of management and budget must issue bonds up to 3,386,000 to fund the appropriation.
  • Bond issuance must follow the applicable state bonding laws (Minnesota Statutes sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Funding and Financing

• Source: Bond proceeds fund.
• Amount: 3,386,000.
• Process: Bonds to be sold and issued by the state to pay for the grant.

Significant Changes to Existing Law

• Grants for this project are set up with an exemption from certain normal state requirements (Minnesota Statutes sections 16B.32, 16B.325, 216C.19, and 216C.20) for this appropriation.
• Establishes a new state bond authorization specifically for this airport project, under existing bonding statutes and constitutional provisions.

What This Means for People and the Airport

• The city of Redwood Falls would receive funding to upgrade its municipal airport facilities, improving parking, taxiways, and stormwater management.
• The project is financed by state bonds, with oversight and administration under existing transportation and budgeting laws.

Relevant Terms - Redwood Falls Municipal Airport - grant to the city of Redwood Falls - design, construct, and equip improvements - aircraft parking ramp - parallel taxiway - Runways 12 and 30 - mill and overlay - stormwater management system - Airport Layout Plan - exempt from requirements (Minnesota Statutes 16B.32, 16B.325, 216C.19, 216C.20) - bond proceeds fund - bonds, up to 3,386,000 - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7