Bill > HF3417

This bill authorizes the state of Minnesota to issue bonds, which are essentially loans that the state takes out, to raise money for clean water infrastructure in the city of Lonsdale. Specifically, it appropriates $4,851,000 from the sale of these bonds to the Public Facilities Authority, a state agency, which will then provide a grant to Lonsdale. This grant is intended to fund the design, construction, furnishing, and equipping of a new water tower and water main looping project within the city. The commissioner of management and budget, a state official responsible for managing state finances, is directed to sell and issue these bonds according to existing state laws and the state constitution. The funding provided by this bill will become available the day after it is officially enacted into law.

Budget and Finance

https://www.revisor.mn.gov/bills/94/2026/0/HF/3417/