Senate File No. 1044 is a bill introduced in the Minnesota legislature that involves a capital investment. The bill seeks to allocate funds totaling $3,840,000 to the city of Aitkin. This money is intended for the design, engineering, and extension of public utilities like water and sewer services to a new area in Aitkin that is planned for housing and economic development. This development area will also include a site for new public school facilities for Aitkin public schools.

In order to raise the necessary funds, the bill authorizes the state to sell and issue bonds. The process and terms of this bond sale are outlined by specific sections of the Minnesota Statutes and the Minnesota Constitution.

The bill has been referred to the Capital Investment committee for further discussion and review.