Purpose of the Bill

The purpose of this bill is to provide financial support for the second phase of water infrastructure improvements in the city of Kandiyohi, Minnesota. This involves allocating funds and authorizing the sale and issuance of state bonds to ensure the project is properly financed.

Main Provisions

• Fund Allocation: The bill appropriates $7,092,000 from the bond proceeds fund. This funding is designated as a grant to the city of Kandiyohi.
• Infrastructure Improvements: The funding will be used to predesign, design, engineer, construct, and equip necessary facilities for water infrastructure improvements.
• New Facilities: The project includes the construction of two new wells and a water treatment facility to meet drinking water safety standards.

Significant Changes to Existing Law

• The bill enables the issuance of state bonds to provide the necessary funds. This requires the commissioner of management and budget to sell and issue bonds according to guidelines specified in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution article XI sections 4 to 7.

Relevant Terms

• Capital investment
• Water infrastructure improvements
• State bonds
• Public Facilities Authority
• Drinking water safety standards