Minnesota HF2450 appropriates $25,000,000 for the small cities assistance program and authorizes bond issuance.

Minnesota HF2450 provides $25,000,000 from bond proceeds to the commissioner of transportation for the small cities assistance program. The commissioner of management and budget is directed to sell and issue state bonds up to $25,000,000 to fund this appropriation. The bond sale follows the terms and conditions outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7. This funding aims to support small cities in their capital investment needs.

Minnesota HF2450 appropriates $25,000,000 for the small cities assistance program and authorizes bond issuance.

Minnesota HF2450 provides $25,000,000 from bond proceeds to the commissioner of transportation for the small cities assistance program. The commissioner of management and budget is directed to sell and issue state bonds up to $25,000,000 to fund this appropriation. The bond sale follows the terms and conditions outlined in Minnesota Statutes, sections 16A.631 to 16A.675, and the Minnesota Constitution, article XI, sections 4 to 7. This funding aims to support small cities in their capital investment needs.