SF3567

Purpose

• The bill would provide funding for a storm sewer project in Northeast Minneapolis by appropriating money and authorizing the sale of state bonds. Specifically, it directs a grant to the City of Minneapolis to support the installation of a new storm sewer.

Main Provisions

• Subdivision 1 — Appropriation: $25,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority for a grant to the City of Minneapolis to install approximately 2,100 feet of new storm sewer under 13th Avenue Northeast, from 2nd Street Northeast to a new outfall at the Mississippi River.
• Subdivision 2 — Bond sale: The Commissioner of Management and Budget shall sell and issue state bonds up to $25,000,000 to fund the appropriation, in the manner and on the terms set by Minnesota statutes sections 16A.631 to 16A.675 and by the Minnesota Constitution article XI sections 4 to 7.

Project Details

• Location: Under 13th Avenue Northeast in Northeast Minneapolis.
• Scope: Installation of approximately 2,100 feet of new storm sewer.
• Outfall: New outfall will discharge to the Mississippi River.

Funding and Financing

• Source of funds: Bond proceeds fund.
• Mechanism: A grant from the Public Facilities Authority to the City of Minneapolis to carry out the project.
• Financing terms: Bonds up to $25,000,000 issued per applicable state statutes and constitutional requirements.

Legal Framework and Changes to Law

• The bill authorizes appropriation and bond issuance for this project but does not otherwise change existing law.
• It relies on the bond proceeds fund and standard state bonding procedures under Minnesota Statutes 16A.631–16A.675 and the Minnesota Constitution (Article XI, sections 4–7).

Oversight and Administration

• Public Facilities Authority administers the grant to the City of Minneapolis for the storm sewer project.
• The City of Minneapolis is the recipient and project implementer.

Summary of Expected Impact

• Improves stormwater infrastructure in Northeast Minneapolis by adding a new storm sewer, reducing flood risk and improving drainage with a dedicated funding mechanism through state bonds.

Relevant Terms - storm sewer - Northeast Minneapolis - City of Minneapolis - grant - Public Facilities Authority - bond proceeds fund - appropriation - bonds - 13th Avenue Northeast - 2nd Street Northeast - Mississippi River - outfall - bond sale - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI