HF4920

Purpose

• To authorize funding for capital investment to upgrade or replace Carlton County’s solid waste management transfer station and to provide the necessary financing through state bonds.

Main Provisions

• Subdivision 1 – Appropriation
  • $5,000,000 is appropriated from the bond proceeds fund.
  • The money is designated as a grant to the Pollution Control Agency, which will in turn provide a grant to Carlton County to upgrade or replace its solid waste management transfer station.
• Subdivision 2 – Bond sale
  • The Commissioner of Management and Budget must sell and issue state bonds for up to $5,000,000 to fund the appropriation.
  • Bond issuance will follow Minnesota law (sections 16A.631 to 16A.675) and the Minnesota Constitution (Article XI, sections 4 to 7).

Funding and Financing Mechanism

• Source of funds: bond proceeds fund.
• Financing method: sale and issuance of state bonds up to $5,000,000.
• Legal framework: governed by Minnesota Statutes sections 16A.631 to 16A.675 and Constitution Article XI.

Agencies and Beneficiaries

• Beneficiary: Carlton County, via a grant provided through the Pollution Control Agency.
• Administering agency: Pollution Control Agency receives the grant to pass to Carlton County.
• Financing authority: Commissioner of Management and Budget handles the bond sale.

How this Changes Existing Law

• Establishes a new appropriation and authorization for state bond funding to support a local solid waste transfer station project.
• Creates a financing pathway through the bond proceeds fund and requires bond issuance under existing statutory and constitutional provisions.

Estimated Impact

• Provides $5,000,000 in state funding to support Carlton County’s transfer station upgrade or replacement.
• Enables the project to proceed using bond financing, with repayment and oversight governed by existing state bond authorities.

Key Terms

• bond proceeds fund
• grant
• Pollution Control Agency
• Carlton County
• solid waste management transfer station
• capital investment
• appropriation
• bonds
• bond sale
• Minnesota Statutes §16A.631–§16A.675
• Minnesota Constitution Article XI
• Commissioner of Management and Budget
• Management and Budget

Relevant Terms

• bond proceeds fund
• grant
• Pollution Control Agency
• Carlton County
• solid waste management transfer station
• capital investment
• appropriation
• bonds
• bond sale
• Minnesota Statutes 16A.631–16A.675
• Minnesota Constitution Article XI
• Commissioner of Management and Budget
• Management and Budget
• grant to Carlton County via Pollution Control Agency