Purpose of the Bill

The bill proposes the allocation of funds to improve the sanitary sewer system in the city of Taylors Falls, Minnesota. This is intended to enhance the infrastructure related to waste management in the city.

Main Provisions

• Appropriation for Sewer Improvements: The bill authorizes the appropriation of $1,500,000 from the bond proceeds fund. This money is allocated to the Public Facilities Authority, which will issue a grant to Taylors Falls for the design, construction, and equipping of improvements to the city's sanitary sewer system.

• Authorization of Bond Sale: To fund this appropriation, the bill permits the state to sell and issue bonds totaling up to $1,500,000. The commissioner of management and budget will oversee this process, adhering to existing Minnesota statutes governing such financial actions.

Significant Changes to Existing Law

• The bill allows for the issuance of state bonds to fund municipal infrastructure projects, specifically targeting sanitary systems. This represents a continued reliance on bond sales to finance public infrastructure improvements.

Relevant Terms

• Sanitary sewer improvements
• Taylors Falls
• Appropriation
• Bond proceeds fund
• Public Facilities Authority
• State bonds