SF3564 (Legislative Session 94 (2025-2026))
Waconia water treatment facility bond issue and appropriation
AI Generated Summary
Purpose
Provide capital funding to improve drinking water for residents of Waconia by building a new water treatment facility.
Main provisions
- Appropriation: $5,000,000 is appropriated from the bond proceeds fund to the Public Facilities Authority. The money is for a grant to the City of Waconia to acquire land and to design, construct, and equip a new water treatment facility, with the goal of increasing safe drinking water capacity for residents.
- Bond financing: The money for this project will come from selling and issuing state bonds up to $5,000,000, under the applicable Minnesota statutes and constitutional provisions.
Financial implications
- Source of funds: Bond proceeds fund.
- Recipient and use: Public Facilities Authority provides a grant to the City of Waconia for land acquisition and to design, construct, and equip the water treatment facility.
- Total bond-related authorization: Up to $5,000,000.
Legal and implementation details
- The project is authorized through a grant to a local city and financed by state bonds.
- Compliance requirements: Bond issuance and use must follow Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution Article XI, sections 4 to 7.
Significance and potential impact
- Infrastructure improvement: Builds a new water treatment facility to increase safe drinking water capacity for Waconia residents.
- Local-economic role: Involves land acquisition and construction activities in the city.
Changes to existing law
- Establishes a new appropriation and bond authorization for a water treatment project in Waconia, enabling state funding and debt issuance for this local infrastructure project.
Effective date
- Not specified in the excerpt provided.
Relevant Terms - Waconia - water treatment facility - grant - City of Waconia - land acquisition - design - construct - equip - safe drinking water - capacity - residents - bond proceeds fund - Public Facilities Authority - appropriation - bonds - Minnesota Statutes 16A.631 to 16A.675 - Minnesota Constitution Article XI, sections 4 to 7
Bill text versions
- Introduction PDF PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 17, 2026 | Senate | Action | Introduction and first reading | ||
| February 17, 2026 | Senate | Action | Referred to | Capital Investment |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill authorizes the sale of state bonds for a Waconia water treatment facility and appropriates funds from the bond proceeds fund, referencing Minnesota Statutes sections 16A.631 to 16A.675 for bond sale provisions.",
"modified": []
},
"citation": "16A.631 to 16A.675",
"subdivision": ""
}
]