HF1743

Purpose of the Bill

This bill aims to allocate funds for the improvement of municipal infrastructure in Lake Lillian, a city in Minnesota. It focuses on upgrading critical water and sewer systems and reconstructing city streets.

Main Provisions

• Appropriation of Funds: A total of $3,500,000 is appropriated to the Public Facilities Authority. These funds are intended for a grant to the city of Lake Lillian for the design, construction, and equipping of replacement infrastructure. This includes the water distribution system, sanitary sewer system, storm sewer system, and city street reconstruction.

• Bond Sale Authorization: To finance this appropriation, the state will issue bonds under the guidance of the commissioner of management and budget. The bonds will total up to $3,500,000 and will follow the procedures as laid out in specific Minnesota Statutes and the Minnesota Constitution.

Significant Changes

• This bill provides additional funds beyond those previously appropriated in Laws 2023, chapter 72, article 2, section 10, subdivision 9, specifically targeting the city of Lake Lillian's infrastructure needs.

Relevant Terms

• Capital investment
• Public Facilities Authority
• Bond proceeds
• Infrastructure improvement
• Water distribution system
• Sanitary sewer system
• Storm sewer system
• Street reconstruction
• Municipal infrastructure