1.1 A bill for an act
1.2 relating to capital investment; appropriating money for roadway improvements in
1.3 Waldorf; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. ROAD AND INFRASTRUCTURE PROJECTS; WALDORF.
1.6 Subdivision 1.Appropriation.$2,800,000 is appropriated from the bond proceeds fund
1.7to the commissioner of employment and economic development for a grant to the city of
1.8Waldorf for capital improvements in the city of Waldorf, including adding clean water,
1.9sanitary sewer, stormwater connections, and systems to the School Street West development,
1.10roadway improvements to 1st Street, 2nd Street, Middle Avenue, Raymond Avenue, Railway
1.11Street, the South End Bar and Grill road, and a service road, and capital improvements to
1.12the city park and the park's parking lot. This money may be used for one or more of the
1.13following phases for these projects: to acquire property, predesign, design, construct,
1.14reconstruct, furnish, and equip the improvement.
1.15 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.16proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.17the state in an amount up to $2,800,000 in the manner, upon the terms, and with the effect
1.18prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.19Constitution, article XI, sections 4 to 7.
1.20 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
REVISOR JSK/RC 25-0477703/10/25
State of Minnesota
This Document can be made available
in alternative formats upon request
HOUSE OF REPRESENTATIVES
H. F. No. 2535
NINETY-FOURTH SESSION
Authored by Bennett03/20/2025
The bill was read for the first time and referred to the Committee on Capital Investment