Purpose of the Bill

The bill aims to secure funding for infrastructure improvements in the city of Hermantown, Minnesota. Specifically, it focuses on enhancements to the city’s water, sewer, and utility systems.

Main Provisions

• Funding Allocation: The bill provides an appropriation of $10,000,000 for the city of Hermantown. These funds are intended to be used for the pre-design, design, construction, and equipping necessary to rehabilitate and replace outdated and failing infrastructure.

• Infrastructure Improvements: The improvements target essential city systems, including drinking water, sanitary sewer, storm sewer, and utility infrastructure specifically in the southwest corner of Hermantown.

• Bond Issuance: To finance this appropriation, the state of Minnesota plans to issue bonds. The commissioner of management and budget is responsible for selling and issuing these state bonds, amounting to $10,000,000, according to stipulated state statutes and constitutional sections.

Significant Changes to Existing Law

• This bill represents an appropriation of funds from bond proceeds specifically allocated for municipal infrastructure improvement, hinting at ongoing updates or reallocation in the state’s capital investment strategy.

Relevant Terms

• Capital investment
• Infrastructure improvements
• Water and sewer systems
• Bond issuance
• Public Facilities Authority