HF228

Purpose

The bill would provide state financial support to improve Biscay’s water system. It appropriates $3,000,000 from the bond proceeds fund to the Public Facilities Authority (PFA) as a grant to the city of Biscay for predesign and design work and other capital improvements to its water infrastructure. It also authorizes the sale of state bonds up to $3,000,000 to fund this appropriation, following state bond laws and the state constitution.

Main Provisions

• Subdivision 1 — Appropriation: $3,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority to grant the city of Biscay money to plan and design upgrades and other capital improvements to its water infrastructure.
• Subdivision 2 — Bond Sale: The Commissioner of Management and Budget must sell and issue state bonds up to $3,000,000 to fund the appropriation, under the terms of Minnesota statutes and the Minnesota Constitution.

Significant Changes to Existing Law

• Introduces a new capital investment funding for Biscay’s water infrastructure by appropriating bond proceeds and authorizing bond issuance.
• Uses the Public Facilities Authority to administer the grant for predesign and design work, signaling planning-phase funding for the city’s water system.
• Relies on existing bond statutes (16A.631 to 16A.675) and the Minnesota Constitution (Article XI) for the bond process and authorization.

Key Terms and Concepts (for quick reference)

• water infrastructure
• Biscay (city)
• grant
• Public Facilities Authority
• appropriation
• bond proceeds fund
• predesign
• design
• capital improvements
• bond sale / bonds
• Commissioner of Management and Budget
• Minnesota Statutes 16A.631 to 16A.675
• Minnesota Constitution Article XI

Relevant Terms water infrastructure, Biscay, grant, Public Facilities Authority, appropriation, bond proceeds fund, predesign, design, capital improvements, bond sale, bonds, Commissioner of Management and Budget, Minnesota Statutes 16A.631-16A.675, Minnesota Constitution Article XI