Bill > SF527

This bill appropriates $1,500,000 from state bond proceeds to the Public Facilities Authority for a grant to the city of Floodwood to improve its water and sewer infrastructure along County Road 832 (Floodwood Road). The funding will specifically support the design and construction of infrastructure improvements, including replacement and expansion of water and sewer mains, as well as associated street reconstruction aimed at promoting business and residential development. To finance this project, the commissioner of management and budget is authorized to sell and issue state bonds up to $1,500,000, following the procedures outlined in Minnesota Statutes and the state constitution. The bill becomes effective immediately after its final enactment, providing the city of Floodwood with the necessary financial resources to upgrade its critical infrastructure and potentially stimulate local economic growth.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0527&ssn=0&y=2025