HF468

Purpose

The bill provides funding to upgrade and expand basic water infrastructure in the city of New Auburn. It aims to improve stormwater management, wastewater systems, and drinking water facilities so the community has better drainage, safer water quality, reliable water flow, stronger fire protection, and improved water accountability.

Key Provisions

• Appropriation: It appropriates 9,000,000 dollars from the bond proceeds fund to the Public Facilities Authority to grant to the city of New Auburn. The grant covers predesign, design, engineering, construction, and equipment for stormwater, wastewater, and drinking water infrastructure.
• Scope of projects: The funding can be used for improvements to or replacement of municipal wastewater ponds, spray irrigation, sanitary sewer systems, storm sewer systems, and water main distribution systems, plus related infrastructure. The goal is to improve drainage, water quality, water flow, fire protection, and water accountability in the community.
• Bond financing: To raise the money, the Commissioner of Management and Budget must sell and issue state bonds up to 9,000,000 dollars. This sale follows the terms set in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution (Article XI, sections 4 to 7).

Funding and Financing Details

• Source: Bond proceeds fund.
• Recipient: Public Facilities Authority grants to the City of New Auburn.
• Process: Bond issuance up to 9,000,000 dollars under specified legal authorities.

Significance and Changes to Existing Law

• This bill creates a new capital investment action focused on New Auburn’s stormwater, wastewater, and drinking water infrastructure by authorizing a grant and bond financing.
• It directs the state to use bond proceeds to fund the project through the Public Facilities Authority, aligning with existing bond and capital investment statutes and constitutional provisions but adding a new authorized appropriation for New Auburn.

Practical Impact

• The city could receive funds to plan and build essential water-related infrastructure, potentially reducing flooding or drainage problems and improving water quality, reliability, and safety.

Relevant Terms

stormwater, wastewater, drinking water infrastructure, grant, city of New Auburn, predesign, design, engineer, construct, equip, water main distribution systems, wastewater ponds, spray irrigation, sanitary sewer, storm sewer systems, water quality, water flow, fire protection, water accountability, bond proceeds fund, Public Facilities Authority, commissioner of management and budget, bonds, Minnesota Statutes 16A.631 to 16A.675, Minnesota Constitution Article XI (sections 4 to 7)