SF 5175

04/10/26  REVISOR  JSK/MG  26-08391      as introduced
  SENATE
  STATE OF MINNESOTA
  NINETY-FOURTH SESSION  S.F. No. 5175
  (SENATE AUTHORS: JOHNSON)
  DATE       D-PG  OFFICIAL STATUS
  04/20/2026      8522 Introduction and first reading
  Referred to Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for municipal infrastructure
1.3supporting an industrial park in the city of East Grand Forks; authorizing the sale
1.4and issuance of state bonds.
1.5    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6Section 1. EAST GRAND FORKS; INDUSTRIAL PARK INFRASTRUCTURE.
1.7Subdivision 1. Appropriation. $6,419,000 is appropriated from the bond proceeds fund
1.8    to the commissioner of employment and economic development for a grant to the city of
1.9    East Grand Forks to design and construct improvements to municipal infrastructure to
1.10   support the city's industrial park, south of U.S. Highway 2 and east of 5th Avenue Northeast.
1.11   Municipal infrastructure improvements include street and utility replacement and repair.
1.12Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.13   proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.14   the state in an amount up to $6,419,000 in the manner, upon the terms, and with the effect
1.15   prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.16   Constitution, article XI, sections 4 to 7.
1.17EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1