Purpose of the Bill

The bill aims to allocate funds for infrastructure improvements in the city of Hermantown, Minnesota. It focuses specifically on the rehabilitation and replacement of water, sewer, and utility systems that are aging and failing.

Main Provisions

• Appropriation of Funds: The bill proposes an appropriation of $10 million from the bond proceeds fund. These funds will be given to the Public Facilities Authority to grant to the city of Hermantown.

• Scope of Work: The funds will be used for the predesign, design, construction, and equipping necessary for the rehabilitation and replacement of key infrastructure. This includes improvements to drinking water systems, sanitary sewers, storm sewers, and other utilities, particularly in the southwest corner of Hermantown.

• Authorization for Bond Issuance: The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $10 million. This is to generate the capital required for the improvements and is governed by existing statutory and constitutional frameworks.

Significant Changes to Existing Law

There are no direct changes to existing law; instead, this bill grants specific funding and authorizes bond sales under the current legal provisions regarding state bonds issuance and management.

Relevant Terms

• Capital investment
• Water sewer improvements
• Utility infrastructure
• Bond proceeds fund
• Public Facilities Authority
• State bond issuance