SF898

Senate File No. 898 is a legislative bill that proposes funding for improvements to the wastewater treatment plant in Big Lake, Minnesota. The bill allocates $25,000,000 from the state's bond proceeds fund to the Public Facilities Authority. This money will be used for designing, engineering, constructing, and equipping the Big Lake wastewater treatment facility to ensure it meets regulatory standards and can support future growth. To fund this appropriation, the bill authorizes the state's commissioner of management and budget to sell and issue state bonds up to the amount of $25,000,000. This financial mechanism is laid out under certain sections of the Minnesota Statutes and the Minnesota Constitution.