Purpose of the Bill

The purpose of this bill is to secure funding for utility infrastructure improvements in the city of Lanesboro, Minnesota. This funding is intended for enhancing water and sewer systems in coordination with the reconstruction of Trunk Highway 250.

Main Provisions

• Appropriation of Funds: The bill proposes the allocation of $5,130,000 from the bond proceeds fund. These funds are specifically earmarked for the design, engineering, and construction of water and sewer infrastructure in Lanesboro.
• Grant Provision: This allocation will be provided as a grant to the city of Lanesboro to facilitate these improvements.
• Bond Sale Authorization: The bill authorizes the commissioner of management and budget to sell and issue state bonds up to the amount of $5,130,000. The sale and issuance of these bonds will follow the procedures outlined in Minnesota's legal statutes and the state constitution.

Significant Changes

• Infrastructure Improvement: This initiative will lead to significant upgrades in Lanesboro’s water and sewer systems, which are integrated with the reconstruction efforts of Trunk Highway 250.

Relevant Terms

• Capital investment
• Utility infrastructure
• Water and sewer improvements
• Trunk Highway 250
• State bonds
• Lanesboro, Minnesota