HF 3949

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/05/2026 02:05 p.m.

A bill for an act
relating to capital investment; appropriating money for construction of water main
in the city of Richfield; authorizing the sale and issuance of state bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin RICHFIELD; WATER MAIN CONSTRUCTION.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin $2,500,000 is appropriated from the bond proceeds fund
to the Public Facilities Authority for a grant to the city of Richfield to construct water main
connecting the municipal water systems of the city of Richfield and the city of Minneapolis
under marked Trunk Highway 62 along 5th Avenue South. The project will provide the city
of Richfield with a secondary source of potable water to be used in the event of disruption
to its existing water treatment and distribution system. This appropriation includes money
for right-of-way and easement acquisition, and construction of associated infrastructure
necessary to complete the project.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin 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 $2,500,000 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 EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end