Purpose of the Bill

The purpose of this bill is to allocate funds for roadway and infrastructure improvements in the city of Waldorf, Minnesota. The bill also authorizes the state to sell and issue bonds to finance these capital projects.

Main Provisions

• Funding Appropriation: The bill proposes to appropriate $2,800,000 from the bond proceeds fund. This funding is designated for the commissioner of employment and economic development to grant to Waldorf for specific infrastructure projects.

• Infrastructure Improvements: The funds will be used for several capital improvements, including:

  • Adding clean water sanitary sewer and stormwater systems to the School Street West development.
  • Roadway improvements on multiple streets: 1st Street, 2nd Street, Middle Avenue, Raymond Avenue, Railway Street, and roads associated with the South End Bar and Grill.
  • Development of a service road.
  • Enhancements to the city park and its parking lot.

• Project Phases: The allocated money may be used for various phases of the projects, including acquiring properties, predesign, actual design, construction, reconstruction, furnishing, and equipping the improvements.

Significant Changes to Existing Law

This bill authorizes the state to issue bonds specifically to fund the mentioned Waldorf infrastructure projects. It mentions procedures for the bond issuance, aligning with existing state law as outlined in Minnesota Statutes sections 16A.631 to 16A.675 and the Minnesota Constitution.

Relevant Terms

• Bond proceeds fund
• State bonds
• Infrastructure improvements
• Sanitary sewer systems
• Stormwater connections
• Roadway improvements
• Capital improvements