1.1 A bill for an act
1.2 relating to capital investment; appropriating money for improvements at the
1.3 Redwood Falls Municipal Airport; authorizing the sale and issuance of state bonds.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. REDWOOD FALLS; MUNICIPAL AIRPORT.
1.6 Subdivision 1.Appropriation.$3,386,000 is appropriated from the bond proceeds fund
1.7to the commissioner of transportation for a grant to the city of Redwood Falls to design,
1.8construct, and equip improvements to the municipal airport. This appropriation includes
1.9money for reconstruction of the Airport's Aircraft Parking Ramp and Parallel Taxiway to
1.10Runways 12 and 30, Runways 12 and 30 mill and overlay, and installation of a stormwater
1.11management system for future projects outlined in the Airport Layout Plan.
1.12 Subd. 2.Bond sale.To provide the money appropriated in this section from the bond
1.13proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.14the state in an amount up to $3,386,000 in the manner, upon the terms, and with the effect
1.15prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.16Constitution, article XI, sections 4 to 7.
1.17 EFFECTIVE DATE.This section is effective the day following final enactment.
1Section 1.
25-00128 as introduced11/18/24 REVISOR JSK/RC
SENATE
STATE OF MINNESOTA
S.F. No. 146NINETY-FOURTH SESSION
(SENATE AUTHORS: DAHMS)
OFFICIAL STATUSD-PGDATE
Introduction and first reading01/16/2025
Referred to Capital Investment