SF3360

Purpose of the Bill

The bill aims to provide financial support for significant public infrastructure improvements in the city of Edgerton, Minnesota.

Main Provisions

• Funding Allocation: The bill authorizes an appropriation of $35,500,000 from the bond proceeds fund. This amount will be used to provide a grant to the city of Edgerton.
• Infrastructure Projects: The funds will be used for the replacement and rehabilitation of sanitary sewer and drinking water infrastructure. This includes constructing a new lift station, rehabilitating water treatment plants, replacing water lines, and undertaking associated street reconstruction.

Significant Changes

• Bond Issuance: The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the value of $35,500,000. This is in accordance with existing Minnesota statutes and constitutional provisions which govern the sale and issuance of state bonds.

Relevant Terms

• Public infrastructure improvements
• Bond proceeds fund
• Sanitary sewer
• Drinking water infrastructure
• Lift station
• Water treatment plants
• State bonds