Rosemount; new water treatment facility funding provided, bonds issued, and money appropriated.

2025-2026 Regular Session Introduced by John Huot

The bill authorizes a $50 million state grant to Rosemount for planning, building, and equipping a new water treatment facility, funded by issuing up to $50 million in state bonds.

Introduction and first reading, referred to Capital Investment

#appropriations #bonds #citiesandtowns-specific #water #waterresources #andwaterways

Purpose and intent

The bill authorizes state actions to support the development of a new water treatment facility in the city of Rosemount, Minnesota.

It seeks to provide a substantial capital investment by awarding a grant to Rosemount from state bond proceeds funds and to authorize the sale of state bonds to finance this appropriation.

Key provisions and changes

Section 1: Rosemount – Water Treatment Facility

Subdivision 1. Appropriation

Creates an appropriation of $50,000,000 (fifty million dollars) from the bond proceeds fund.
The money is designated as a grant to the city of Rosemount.
Allowed uses: predesign, design, construction, furnishing, and equipping of a new water treatment facility.

Subdivision 2. Bond sale

States that the $50,000,000 appropriation will be funded by sale of state bonds.
The commissioner of management and budget is authorized to issue bonds up to $50,000,000.
Bond issuance and terms must follow Minnesota statutes (MoG: sections 16A.631 to 16A.675) and constitutional provisions (Article XI, sections 4 to 7).

Effective date

The section becomes effective the day after final enactment.

Who/what is affected

City of Rosemount: Eligible to receive a state grant of up to $50 million for planning and building a new water treatment facility, including predesign, design, construction, furnishing, and equipment.

State bond program and fiscal management entities: The state authorizes issuing bonds up to $50 million to finance the appropriation.

Public Facilities Authority: Receives the appropriation to administer the grant to Rosemount.

State taxpayers and bondholders: The project is financed via bond proceeds, implying certain debt service obligations (per existing statutes and constitutional provisions).

Procedural and timeline aspects

The bill is introduced in the 94th Legislative Session and referred to the Capital Investment committee.

If enacted, the effective date would be the day after enactment.

The financing mechanism relies on the standard process for bond proceeds, with issuance governed by specified Minnesota statutes and constitution.

Additional notes

The bill is focused on a specific municipal infrastructure project (Rosemount water treatment facility) and does not include other appropriations or policy changes.

No competing funding sources or project phasing are detailed within the bill text provided; funding is strictly via a state bonds program tied to a single $50 million appropriation.

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