Purpose of the Bill

The purpose of this bill is to allocate funds for public infrastructure improvements in the city of Edgerton, Minnesota, specifically for upgrading essential water and sewer systems.

Main Provisions

• The bill proposes an appropriation of $35,500,000 to the Public Facilities Authority. This money will be used to grant the city of Edgerton funds for the design, construction, and equipping of new sanitary sewer and drinking water infrastructure.
• The infrastructure project includes building a new lift station, rehabilitating water treatment plants, replacing water lines, and reconstructing associated streets.
• To fund these projects, the state will sell and issue bonds amounting to $35,500,000.

Significant Changes to Existing Law

• The bill does not directly amend existing laws but involves the issuance of state bonds, as per existing statutory frameworks (Minnesota Statutes sections 16A.631 to 16A.675). It also aligns with constitutional guidelines for managing state finances (Minnesota Constitution article XI sections 4 to 7).

Relevant Terms

• Public infrastructure improvements
• Sanitary sewer
• Drinking water infrastructure
• Lift station
• Water treatment plants
• Bond proceeds fund
• Bond sale and issuance
• State bonds