SF3125

Purpose of the Bill

The purpose of this bill is to provide financial support for infrastructure improvements in the city of Long Lake, Minnesota. Specifically, it aims to address the repair and replacement of aging and failing sanitary sewer, water main, and storm sewer systems, as well as associated street reconstruction.

Main Provisions

• Funding Allocation: The bill appropriates $11,700,000 from the bond proceeds fund. This sum is designated for the Public Facilities Authority to issue a grant to the city of Long Lake for the specified infrastructure projects.
• Infrastructure Projects: The funds will be used for several stages of the project, including predesign, design, construction, reconstruction, and equipping for the repair and replacement of key utilities, which include sanitary sewer, water mains, and storm sewers. The project area is focused along and adjacent to Grand Avenue in Long Lake.
• Sale and Issuance of Bonds: To raise the appropriated funds, the bill authorizes the Commissioner of Management and Budget to sell and issue state bonds.

Significant Changes to Existing Law

• The bill outlines a new appropriation specifically for the city of Long Lake's infrastructure projects, leveraging state bond sales. It does not modify existing legal statutes but provides a new directive within the framework permitted by Minnesota Statutes and the state constitution.

Relevant Terms

• Capital investment
• Bond proceeds fund
• Public Facilities Authority
• Sanitary sewer
• Water main
• Storm sewer
• Infrastructure improvements
• Street reconstruction
• Commissioner of Management and Budget
• State bonds