Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF3570

Introduced
2/15/24  

Caption

St. Cloud downtown public infrastructure improvements bond issue and appropriation

Impact

The approval of SF3570 would significantly impact state laws related to capital investment by enabling the use of state bonds to finance public projects. This would allow local governments and agencies to undertake extensive urban renewal and infrastructure enhancement initiatives, potentially creating jobs and improving the quality of life for residents. By directing state funds into specific community projects, especially in urban areas, the legislation aims to promote sustainable development and maintain the infrastructure's integrity.

Summary

SF3570 is a legislative bill focused on funding public infrastructure improvements in the downtown area of St. Cloud, Minnesota. The bill appropriates $100 million from the bond proceeds fund for various infrastructure projects aimed at enhancing economic development, pedestrian safety, and access to the Mississippi River. These projects include upgrades to water and sewer systems, streets, sidewalks, and other essential utilities. The goal of the bill is to facilitate better connectivity to housing and medical and educational institutions within the area, ultimately boosting the local economy.

Contention

The discussions surrounding SF3570 may highlight a blend of support and opposition, as significant funding can lead to debates on prioritization of projects and potential implications for state budget allocations. Proponents are likely to emphasize the positive economic implications of improved infrastructure. In contrast, opponents may raise concerns about financial commitments and the effects such expenditures may have on other vital state services or projects.

Companion Bills

MN HF3661

Similar To St. Cloud; downtown public infrastructure improvements funding provided, bonds issued, and money appropriated.

Previously Filed As

MN HF3661

St. Cloud; downtown public infrastructure improvements funding provided, bonds issued, and money appropriated.

MN SF1555

Belle Plaine downtown public infrastructure renovation bond issue and appropriation

MN SF979

Stillwater downtown riverfront park improvements bond issue and appropriation

MN SF1234

Wayzata downtown lakeshore improvements bond issue and appropriation

MN HF1598

Belle Plaine; downtown public infrastructure renovation funding provided, bonds issued, and money appropriated.

MN SF4470

Aurora public infrastructure improvements bond issue and appropriation

MN SF1780

Braham publicly owned infrastructure improvements bond issue and appropriation

MN SF4610

City of Buhl public infrastructure and fire hall capital improvements bond issuance and appropriation

MN SF3414

Plymouth public infrastructure improvements bond issue and appropriation

MN SF1157

St. Cloud State University improvements bond issue and appropriation

Similar Bills

No similar bills found.