HF800

This legislative bill, H.F. No., authored by Representative Joy, is focused on funding public infrastructure improvements in the Northwest Improvement Area of Barnesville, Minnesota. The bill proposes an appropriation of $6,400,000 from the bond proceeds fund to assist the city with projects related to the pre-design, design, construction, reconstruction, and equipping of water mains, sanitary sewers, and storm sewer systems in the specified area.

To facilitate this financial support, the bill authorizes the Commissioner of Management and Budget to sell and issue state bonds up to the amount of $6,400,000. The sale and issuance of these bonds will be conducted according to the regulations and conditions outlined in Minnesota Statutes sections 16A.631 to 16A.675, as well as the provisions set by the Minnesota Constitution in article XI, sections 4 to 7. The bill was initially read and has been referred to the Committee on Capital Investment for further deliberation.