Bill > HF1748

This bill provides $10,000,000 in state bond funding for the city of Monticello to design, engineer, construct, furnish, and equip a new water treatment facility, including accompanying water utility infrastructure. The appropriation is supplemental to a previous appropriation for the same project from Laws 2023, chapter 72. The commissioner of management and budget is authorized to sell and issue state bonds up to $10,000,000 to fund this project, following standard state bonding procedures outlined in Minnesota Statutes and the state constitution. The bonds will be sold according to established financial guidelines, with the funding aimed at improving Monticello's water treatment capabilities. The bill becomes effective immediately upon final enactment, allowing the city to proceed with the water infrastructure project using state-issued bond proceeds.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1748&ssn=0&y=2025