This bill, H.F. No. 1055, proposes allocating $3,000,000 for upgrading and repairing water and sewer infrastructure as well as street reconstruction in the city of Sacred Heart, Minnesota. The funding comes from the sale of state bonds, which are to be managed by the Minnesota Public Facilities Authority.

Key points of the bill include: 1. Appropriating Funds: $3,000,000 will be allocated from the bond proceeds fund to the city of Sacred Heart. These funds are intended for the design, construction, and equipment needed to replace old and failing municipal infrastructure. 2. Infrastructure Improvements: - Replacement of the water treatment systems. - Rehabilitation of the city water tower. - Improvements to the wastewater system. 3. Funding Through Bond Sale: The required funds will be raised through the issuance of state bonds, as governed by specific sections of the Minnesota Statutes and the Minnesota Constitution.

This legislation authorizes the sale and issuance of state bonds to finance these municipal projects in Sacred Heart.