Bill > SF693

This bill appropriates $3,000,000 from state bond proceeds to the Public Facilities Authority specifically for the city of Biscay to fund water infrastructure improvements, including predesign and design work for upgrades to the city's water system. The bill authorizes the commissioner of management and budget to sell and issue state bonds up to $3,000,000 to finance these improvements, following the standard procedures outlined in Minnesota statutes related to bond issuance and in accordance with the state constitution. The bond sale and appropriation are intended to help the small city of Biscay modernize and improve its water infrastructure, with the bill becoming effective immediately after it is enacted. By using state bond proceeds, the bill provides a mechanism for the city to access funding for critical water system upgrades without immediately requiring local taxpayer funding.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0693&ssn=0&y=2025