Purpose of the Bill

The purpose of this bill is to allocate funds for public infrastructure projects in the city of Good Thunder, Minnesota. It aims to improve and enhance municipal infrastructure by utilizing state bond proceeds.

Main Provisions

• Appropriation of Funds: The bill proposes allocating $10,892,000 from the bond proceeds fund. This allocation is designed to assist the city of Good Thunder with several infrastructure development and renovation projects.
• Public Infrastructure Improvements: The funds will be used for predesign, design, construction, and equipping of a new water treatment facility, water supply well, water main, sanitary sewer, stormwater infrastructure, and a stormwater pond. Additionally, existing infrastructure that needs replacing will be demolished and removed as part of this project.
• Street Reconstruction: The funds will also cover street reconstruction associated with these public infrastructure projects.

Significant Changes

• The bill authorizes the issuance of state bonds up to the amount of $10,892,000 to fund these infrastructure improvements, as outlined under Minnesota statutes and constitutional guidelines.

Relevant Terms

• Capital investment
• Public infrastructure
• Water treatment facility
• Bond proceeds
• Municipal infrastructure
• State bonds
• Sanitary sewer
• Stormwater infrastructure