SF161

Purpose

The bill provides state funding to improve Fulda’s water, sewer, stormwater, and related infrastructure. It intends to support design and construction work to upgrade and replace essential utilities and to help with street reconstruction tied to the project.

Main Provisions

• Appropriation: $17,000,000 is allocated from the bond proceeds fund for a grant to the city of Fulda. The money is for designing and constructing upgrades and replacements to sanitary sewer, stormwater, and drinking water infrastructure.
  • Specific components include improvements to the wastewater treatment facility, the conveyance system, drinking water treatment, storage and distribution system, stormwater collection system, and for street reconstruction connected to the project.
• Bonding: The commissioner of management and budget is directed to issue state bonds up to $17,000,000 to provide the appropriated funds. The bond sale must follow the terms and effects specified in the cited Minnesota statutes and constitution.

Significant Changes to Existing Law

• Creates or formalizes a new capital investment appropriation of $17,000,000 for Fulda’s water, sewer, stormwater, and street infrastructure.
• Enables bond financing (bond proceeds fund) to support a grant to Fulda administered by the Public Facilities Authority.
• Ties the financing and project requirements to existing bond issuance rules (Minnesota Statutes 16A631 to 16A675) and constitutional provisions (Article XI, sections 4–7).

Relevant terms Public Facilities Authority; bond proceeds fund; grant; city of Fulda; sanitary sewer; stormwater; drinking water infrastructure; wastewater treatment facility; conveyance system; drinking water treatment; storage and distribution system; stormwater collection system; street reconstruction; bond sale; Minnesota Statutes 16A631 to 16A675; Minnesota Constitution Article XI sections 4 to 7.