SF1778

This bill, S.F. No. 1778, is a capital investment measure that appropriates $3,900,000 from the bond proceeds fund to the Public Facilities Authority for a grant to the city of Ruthton, Minnesota. The funds will be used for designing, constructing, and equipping the replacement of aging and failing municipal infrastructure, including the water distribution system, sanitary sewer system, storm sewer system, a new water tower, and city street reconstruction.

To fund this appropriation, the commissioner of management and budget is authorized to sell and issue state bonds in an amount up to $3,900,000, following the provisions outlined in Minnesota Statutes and the Minnesota Constitution.