SF337

Senate File No. 337 is a proposed law that involves the use of state funds to improve infrastructure in the city of Mountain Lake, Minnesota. The bill suggests setting aside $2,000,000 for the Public Facilities Authority to help Mountain Lake develop essential infrastructure such as streets, clean drinking water systems, and sewer systems for stormwater and sanitation. This development is aimed at supporting housing expansion in the city. To fund this project, the bill authorizes the sale and issuance of state bonds up to the amount of $2,000,000. The process of selling these bonds must comply with specific state laws and constitutional provisions.