Bill > SF470

This bill appropriates $500,000 in state bond proceeds to the Public Facilities Authority specifically for the city of Kennedy to replace its underground water storage tanks. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $500,000 to fund this project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The funding will support the predesign, design, engineering, and construction of new underground water storage tanks in Kennedy, a small city in Minnesota. The bill becomes effective immediately after it is enacted, which means the city can proceed with its infrastructure improvement project once the bonds are issued. By providing this targeted funding, the state is helping a local municipality upgrade its critical water infrastructure, which can improve water quality, storage capacity, and community resilience.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0470&ssn=0&y=2025