Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF3414

Introduced
2/12/24  

Caption

Plymouth public infrastructure improvements bond issue and appropriation

Impact

The approval of SF3414 would facilitate significant investment in public infrastructure, which could lead to improved services and facilities for residents and visitors alike. The bill is expected to spur economic development by attracting businesses and enhancing the overall appeal of the Plymouth City Center. By improving key infrastructure elements, the city hopes to create a more attractive environment for investment and community engagement.

Summary

Senate File 3414 is a legislative bill aimed at appropriating funds for public infrastructure improvements in the city of Plymouth, Minnesota. The bill allocates $32 million from the bond proceeds fund specifically for projects in the Plymouth City Center area, which includes vital infrastructure upgrades such as stormwater management, construction of a public parking ramp, and enhancements to the Plymouth Ice Center. These initiatives are designed to revitalize the area and support economic growth in Plymouth.

Contention

While SF3414 seeks to address critical infrastructure needs, there may be points of contention regarding the use of state bonds for such purposes. Questions could arise around debt sustainability and the long-term financial implications of bond issuance. Stakeholders might debate the prioritization of infrastructure projects, especially in the context of competing needs across the state. The bill requires oversight and transparency to ensure that funds are utilized effectively to meet the anticipated benefits.

Companion Bills

MN HF3379

Similar To Plymouth; public infrastructure improvements funding provided, bonds issued, and money appropriated.

Previously Filed As

MN SF62

Plymouth public infrastructure improvements bond issue and appropriation

MN SF1285

City of Plymouth public infrastructure bond issuance and appropriation

MN HF3379

Plymouth; public infrastructure improvements funding provided, bonds issued, and money appropriated.

MN SF1286

City of Plymouth public infrastructure improvements bond issuance and appropriation

MN HF778

Plymouth; public infrastructure improvements funding provided, bonds issued, and money appropriated.

MN SF256

Plymouth Chankahda Trail improvements bond issue and appropriation

MN SF3797

Plymouth driver's license exam station improvements bond issue and appropriation

MN SF1780

Braham publicly owned infrastructure improvements bond issue and appropriation

MN SF4470

Aurora public infrastructure improvements bond issue and appropriation

MN SF163

Lake Benton public infrastructure improvements bond issue and appropriation

Similar Bills

No similar bills found.