HF824

Purpose

This bill would provide funding to improve Moose Lake’s sewer system. It authorizes using state bonds to pay for a grant to the city of Moose Lake so the sewer main pipe can be predesigned, designed, and lined, improving the reliability and longevity of the sewer infrastructure.

Main Provisions

• Appropriation of 1,575,000 from the bond proceeds fund to the Public Facilities Authority (PFA) for a grant to the city of Moose Lake.
• Project scope: predesign, design, and construction of the lining of a sewer main pipe in Moose Lake.
• Bonding authorization: the commissioner of management and budget shall sell and issue state bonds up to 1,575,000 to fund this appropriation.
• Legal framework for bonds: bond issuance and terms follow Minnesota Statutes sections 16A.631 to 16A.675 and Minnesota Constitution article XI sections 4 to 7.

Funding and Financing

• Source of funds: bond proceeds fund.
• Mechanism: sale and issuance of state bonds up to the specified amount to finance the grant for Moose Lake’s sewer main lining project.

Significance and Legal Changes

• This bill does not change existing law; it appropriates a new amount and enables a bond sale under existing bonding statutes and constitutional provisions.
• It designates the Public Facilities Authority to administer the grant to the City of Moose Lake for the sewer main lining project.

Oversight and Administration

• The Public Facilities Authority administers the grant to Moose Lake.
• The Governor’s budget office (commissioner of management and budget) handles the bond sale under current state law.

Potential Impacts

• Infrastructure improvement for Moose Lake’s sewer system.
• Utilization of state debt financing to fund local infrastructure, potentially improving service and reducing future repair costs.

Relevant Terms

• capital investment
• appropriation
• bond proceeds fund
• Public Facilities Authority
• grant
• City of Moose Lake
• sewer main lining
• predesign
• design
• construction
• bond sale
• state bonds
• Minnesota Statutes sections 16A.631 to 16A.675
• Minnesota Constitution Article XI sections 4 to 7

Relevant Terms - capital investment - appropriation - bond proceeds fund - Public Facilities Authority - grant - City of Moose Lake - sewer main lining - predesign - design - construction - bond sale - state bonds - Minnesota Statutes 16A.631-16A.675 - Minnesota Constitution Article XI 4-7