Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF5241: McKinley street and water infrastructure bond issue and appropriation
Status: In committee, April 29, 2026
What the bill says
A bill for an act relating to capital investment; appropriating money for street and water infrastructure in the city of McKinley; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ADDED: $4,500,000 is appropriated from the bond proceeds fund to the Public Facilities Authority for a grant to the city of McKinley to design, construct, and equip the replacement of sewer and water infrastructure and associated street replacement and repairs.] new text end new text begin [ADDED.
From the introduced text, April 28, 2026:
A bill for an act relating to capital investment; appropriating money for street and water infrastructure in the city of McKinley; authorizing the sale and issuance of state bonds. new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Appropriation.] new text end new text begin [ADDED: $4,500,000 is appropriated from the bond proceeds fund to the Public Facilities Authority for a grant to the city of McKinley to design, construct, and equip the replacement of sewer and water infrastructure and associated street replacement and repairs.] new text end new text begin [ADDED: Subd. 2.] new text end new text begin [ADDED: Bond sale.] new text end new text begin [ADDED: To provide the money appropriated in this section from the bond proceeds fund, the commissioner of management and budget shall sell and issue bonds of the state in an amount up to $4,500,000 in the manner, upon the terms, and with the effect prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution, article XI, sections 4 to 7.] new text end new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective the day following final enactment.] new text end
Sponsors
- Robert Farnsworth (R) · primary sponsor