Purpose of the Bill

The purpose of this bill is to provide funding for improvements to the wastewater treatment facility in the city of Grand Marais, Minnesota. It aims to address the risks posed by aging and failing infrastructure within the facility.

Main Provisions

• Appropriation of Funds: The bill proposes an appropriation of $5,000,000 from the bond proceeds fund. This funding will be granted to the Public Facilities Authority, which will then allocate it to Grand Marais for the specific purpose of designing, constructing, and equipping upgrades and enhancements to their wastewater treatment facility.

• Authorization of Bond Sale: To generate the necessary funds, the bill authorizes the sale and issuance of state bonds. The commissioner of management and budget is responsible for managing the sale and issuance of these bonds, with the total amount not exceeding $5,000,000.

Significant Changes

• This legislation mandates state involvement through the sale of bonds to facilitate the funding required for municipal infrastructure improvement. It underscores state support in updating critical local facilities to ensure the safety and reliability of services.

Relevant Terms

wastewater treatment facility, Grand Marais, infrastructure improvement, state bonds, Public Facilities Authority, bond proceeds fund, state funding, municipal infrastructure.