SF521

SF521 (Legislative Session 94 (2025-2026))

Cloquet Area Fire District bond issue and appropriation

Related bill: HF433

AI Generated Summary

This bill, SF No 521, is proposing to allocate $10,500,000 in state funds through the sale of bonds to the Cloquet Area Fire District in Minnesota. This money is intended for purchasing land, demolishing any existing structures on it, and covering the costs associated with planning, designing, and building one or more new fire stations. The funding will be managed by the state's commissioner of employment and economic development. To raise the necessary funds, the state's commissioner of management and budget will be authorized to sell and issue bonds up to the amount specified.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
January 22, 2025	Senate	Floor	Action	Introduction and first reading
January 22, 2025	Senate	Floor	Action	Referred to	Capital Investment

Citations

[
  {
    "analysis": {
      "added": [
        "Authorization to issue bonds specifically for the Cloquet Area Fire District project."
      ],
      "removed": [
        "No removed provisions noted in this section."
      ],
      "summary": "This bill authorizes the sale and issuance of state bonds as prescribed under Minnesota Statutes sections 16A.631 to 16A.675.",
      "modified": [
        "N/A - standard bond sale provisions applied."
      ]
    },
    "citation": "16A.631 to 16A.675"
  }
]